Skip to main content

Federal, provincial governments announce funding for Vancouver social housing project

Share
Vancouver -

Federal, provincial and city officials have announced a combined total of more than $100 million to fund one of Vancouver's largest-ever social housing projects.

Deputy Prime Minister Chrystia Freeland joined Attorney General David Eby and Vancouver Mayor Kennedy Stewart in announcing funding for the 10-storey, 231-unit development slated for the city's Downtown Eastside.

Ottawa will provide $45.8 million and the province is kicking in $33.6 million, plus the development's annual operating subsidy, while the city is taking care of the land through a 99-year lease and the Vancouver Chinatown Foundation will contribute $30 million through a community fundraising campaign.

The project includes a nearly 50,000 square foot health centre offering mental health and addiction services, with construction expected to begin this year for completion in 2024.

CTVNews.ca Top Stories

DEVELOPING

DEVELOPING Bird flu outbreaks: WHO weighs in on public health risk

The current overall public health risk posed by the H5N1 bird flu virus is low, the World Health Organization said on Friday, but urged countries to stay alert for cases of animal-to-human transmission.

Stay Connected