British Columbia is moving forward with a major housing boost thanks to a new partnership with the federal government through the Build Canada Homes program. The joint investment is designed to fast‑track construction‑ready housing projects across the province, ensuring more people can access safe, affordable homes sooner.
Under the agreement, B.C. will receive $170 million in federal capital funding. In response, the Province will contribute up to $200 million in capital funding and as much as $27 million annually in operating subsidies over the next decade. With many projects already prepared to break ground, this collaboration will accelerate timelines and expand the number of homes delivered.
“This new funding marks a meaningful collaboration with Canada that shows confidence in the work we’re doing here in B.C. to deliver homes for people,” said Christine Boyle, B.C.’s Minister of Housing and Municipal Affairs. “With many B.C. projects already prepared to move into construction, this additional support means we can break ground faster and deliver more homes sooner for the people who need them most.”
The partnership is expected to advance more than 700 supportive and transitional homes, with priority given to projects that help people transition out of homelessness, provide permanent affordable housing, and address urgent community needs. The federal investment also unlocks an additional $170 million in provincial funding, enabling exploration of future phases that could deliver at least 400 more homes using innovative construction methods.
Federal Housing Minister Gregor Robertson highlighted the national significance of the initiative, noting that Build Canada Homes is designed to turn housing plans into real, tangible results for families: “Through Build Canada Homes, we’re accelerating construction, strengthening communities and delivering real housing solutions that will make life more affordable for families across B.C. and Canada,” he said.
A key component of the strategy is the made‑in‑B.C. Digitally Accelerated Standardized Housing (DASH) program, which uses digital reviews, standardized designs, and Canadian‑made prefabricated components to reduce development timelines from three years to one. This innovation will help ensure homes move from planning to occupancy at a much faster pace.
For more information on B.C.’s housing initiatives, visit gov.bc.ca/homesforpeople.
