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

More affordable rental homes are on the way for people in B.C. as the Province launches a three-year pilot of the new Secondary Suite Incentive Program.  

The Province is taking action to support renters and landlords who play by the rules by amending legislation to better protect people from bad-faith evictions, eliminate rent increases when a child is added to a household and resolve rental disputes faster.

Nearly 2,000 new affordable homes are on the way for renters in Metro Vancouver, through partnerships between the Province and local non-profit housing providers.

Turning short-term rentals into homes for people is at the core of newly introduced legislation to regulate the rapidly expanding short-term rental market.

For the second consecutive year, B.C.’s maximum allowable rent increase is being set below the inflation rate. The maximum increase for 2024 will be 3.5%.