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B.C. offers homeowners up to $40K to build secondary suites. Here’s what you need to know

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B.C. offers homeowners up to $40K to build secondary suites. Here’s what you need to know

The B.C. government is offering homeowners up to $40,000 to build a secondary suite as part of a new program aimed at boosting the supply of affordable housing across the province.

About 3,000 eligible homeowners will be offered forgivable loans of up to $40,000 to help pay for construction costs for basement suites, garden suites or laneway homes on their property.

But there are requirements. Here’s what you need to know about B.C.’s new secondary suite incentive program.

Who is eligible? 

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