BC government purchases $3.1M apartment building in Vernon, securing 26 affordable rental units for the Rental Protection Fund.
The BC government has bought a $3.1M apartment building in Vernon, securing 26 affordable rental units. This marks the first support outside Lower Mainland and Greater Victoria for the Rental Protection Fund, which aims to retain existing rental housing by purchasing units. The provincial government's investment in Vernon highlights the importance of preserving affordable housing while constructing more affordable housing options.
May 21, 2024
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