Premier David Eby to announce new protections for B.C. renters
Premier David Eby is expected to make an announcement this morning related to helping non-profits purchase rental buildings slated for redevelopment in the hopes of protecting renters from eviction.
Eby, Housing Minister Ravi Kahlon and Spencer Chandra Herbert, chair of the province’s rental housing task force will make the announcement at a co-operative housing development called 115 Place Housing in Burnaby.
Eby’s housing platform, released in September before he was crowned B.C. NDP leader, includes a promise to earmark $500 million to provide grants to non-profits so they can purchase rental buildings slated for redevelopment and protect renters living in the older building from displacement. He said at the time he’d like to see a law ensuring right of first refusal giving non-profit housing societies first crack at buying low-rise buildings up for sale.
Many renters across Metro Vancouver have raised concerns about receiving eviction notices when an older rental building is snapped up by a property developer. Similarly, non-profit housing associations and local mayors have said shovel-ready affordable housing projects are languishing because of a lack of funding from B.C. Housing.
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