People will soon have access to hundreds more affordable homes in communities they love through a partnership between the Province and Metro Vancouver.

Updates to the BC Building Code will benefit people in the building and housing sectors with the expanded use of mass timber in taller buildings, as well as schools, libraries and retail.

More people in Vancouver, such as families, seniors and people living with disabilities, now have access to 82 new affordable rental homes with the opening of The Aster.

As part of Budget 2024 measures that will increase supply and make homes more affordable and accessible, the Province is taking action against speculators and those who profit from “flipping” homes.

BC Builds, the Province’s new initiative to build more housing for people with middle incomes, will benefit from $2 billion in additional financing from the Government of Canada to help deliver thousands more homes that people with middle incomes who live and work in B.C. can afford.