Developers/Builders/Tradespeople
Information on the housing needs within the region and funding options available to developers are linked below. Developers can access low-interest loans for the construction of middle-income and affordable rental housing through BC Builds and CMHC. If you are a developer, builder, or tradesperson, it is recommended that you watch this page for information on opportunities within the region.
Low-Interest Loans
-
BC Builds
-
Provides low-interest and repayable loans to developers. There is also a list of projects in BC seeking bids for developers and operators.
-
CMHC Apartment Construction Loan Program
-
Apartment Construction Loan Program: The Apartment Construction Loan Program provides low-cost funding to eligible borrowers during the riskiest phase of development: construction through to stabilized operations. The program offers loans ranging from a minimum of $1,000,000 up to 100% of the cost of the residential component of a project. The program focuses on standard rental, seniors housing and student housing projects in Canada where there is a need for additional rental housing supply.