The Province is investing in student housing as part of Homes for BC, a 10-year housing plan that includes building 8,000 on-campus student housing beds (5,000 Province-funded, 3,000 institution self-funded) by 2028. To date, 7,763 new beds (4,732 Province-funded, 3,031 institution self-funded) are complete or underway, enabling more British Columbians to have affordable housing alternatives to pursue post-secondary education and taking pressure off local rental markets.

Provincially funded projects include:

Interior:

New student housing already open

• 533 beds at Thompson Rivers University in Kamloops. Total project cost is $38 million ($25.5 million provincial funding).
• 220 beds at University of British Columbia Okanagan in Kelowna. Total project cost is $24.9 million ($18.7 million provincial funding). Opened September 2020.
• 100 beds at the College of the Rockies in Cranbrook. Total project cost is $19 million ($12.9 million provincial funding). Completed December 2020.

New student housing underway

• Okanagan College campuses in Vernon (100 beds), Salmon Arm (60 beds) and Kelowna (216 beds). Total project cost is $67.5 million ($66.5 million provincial funding).
• Selkirk College in Castlegar (112 beds) and Nelson (36 beds). Total project cost is $31.1 million ($29.1 million provincial funding).
• 148 beds at Thompson Rivers University in Kamloops. Total project cost is $18.8 million ($10.9 million provincial funding).

Lower Mainland:

New student housing underway

• 398 beds at University of the Fraser Valley in Abbotsford. Total project cost is $73.7 million ($62.3 million provincial funding).
• 362 beds at Capilano University in North Vancouver. Total project cost is $58.2 million ($41.5 million provincial funding).
• 469 beds at the British Columbia Institute of Technology in Burnaby. Total project cost is $119.7 million ($108.5 million provincial funding).
• 386 beds at Simon Fraser University in Burnaby. Total project cost is $103.6 million ($73 million provincial funding).
• 368 beds and an academic space at Douglas College in New Westminster. Total project cost is $292.5 million ($74.0 million in provincial funding for the academic part of the project, $128.3 million for the student housing from the BC Student Housing Program).

Northern B.C.:

New student housing already open

• 108 beds at Coast Mountain College in Terrace. Total project cost is $21.6 million ($20.6 million provincial funding). Opened Oct. 14, 2021.
• 12 beds at the College of New Caledonia in Prince George. Total project cost is $5.3 million, fully funded by the province. Opened Sept. 17, 2021.

Vancouver Island:

New student housing already open

• The first 398-bed building with dining facilities opened on Sept 1, 2022, at the University of Victoria. The second 385-bed building is under construction and is scheduled to open in September 2023, for a total of 783 new beds (621 net new and 162 replacement beds). Total project cost is $230.7 million ($127.9 million provincial funding).

New student housing underway

• 217 beds at North Island College. Total project cost is $65.9 million ($63.9 million provincial funding).
• 266 new student housing beds at Vancouver Island University. Total project cost is $87.8 million ($87 million provincial funding).