B.C. rental housing plan includes 670 below-market rental units in Metro Vancouver

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Metro Vancouver Nouvelles

David Eby,Housing Partnership,North Vancouver

VANCOUVER — Premier David Eby says the second phase of a housing partnership between the province, Metro Vancouver and non-profit housing providers will...

VANCOUVER — Premier David Eby says the second phase of a housing partnership between the province, Metro Vancouver and non-profit housing providers will deliver up to 670 below-market rental units.

Phase 2 projects are planned for sites in North Vancouver, the City of Vancouver and two locations in Coquitlam, with the province providing $226 million and Metro Vancouver contributing land and cash worth more than $367 million.Phase 1, with a government investment of $158 million, includes a Vancouver project currently under construction and slated for completion in 2025 with 87 affordable, market-rent homes.

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