February 22, 2024
The Province’s new housing program – BC Builds – is funding a new co-op on City-owned land in Yaletown. The nine-storey concrete building, with 112 new homes, will be a passive-house structure at the corner of Davie and Seymour.
The Province’s $500-million Rental Protection Fund has provided up to $71 million to enable the protection of 290 existing co-op units in the 40-year-old Tri-Branch and Garden Court co-ops in Coquitlam. The two co-ops were purchased by the Community Land Trust of the Co-op Federation of BC.
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> Watch CHF BC’s Thom Armstrong explaining why creating a co-op today is laying the groundwork for decades of affordable housing.
Global TV News Morning | February 21 | Vancouver to get more co-op housing