Metro Vancouver mayors ask province for more funding for affordable housing
VANCOUVER — Metro Vancouver mayors are asking the provincial government for more support to provide affordable housing in the region.
Housing Minister David Eby acknowledged when he spoke to the mayors committee meeting Wednesday that there is an “endless appetite” for the provincial and federal governments to provide more support for affordable housing.
Burnaby Mayor Mike Hurley told Eby the Metro Vancouver 10-year housing plan will provide a “meaningful contribution” to addressing the housing crisis by adding 2,000 new or redeveloped units, but says they can’t do it alone.
He says they want $190 million in grant funding and additional loan financing from the provincial government, and the same amount from the federal government to meet their targets.