New student housing open at the University of Victoria (flickr.com)

Media Contacts

Jimmy Smith

Deputy Communications Director
Office of the Premier
jimmy.smith@gov.bc.ca

Ministry of Post-Secondary Education and Future Skills

Media Relations
250 209-7629

Backgrounders

What to know about student housing investments in the province

The Province is investing in student housing as part of Homes for People, a housing action plan that includes building 12,000 on-campus student housing beds. To date, 7,766 new beds (4,735 Province-funded, 3,031 institution self-funded) are complete or underway, enabling more people in British Columbia to have affordable housing 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) and completed in September 2019;
  • 220 beds at University of British Columbia Okanagan in Kelowna. Total project cost is $25 million ($18.7 million provincial funding) and completed in September 2020;
  • 100 beds at College of the Rockies in Cranbrook. Total project cost is $19 million ($12.9 million provincial funding) and completed in December 2020; and
  • 148 beds at Thompson Rivers University in Kamloops. Total project cost is $19.5 million ($10.9 million provincial funding) and completed in November 2023.

New student housing underway:

  • Okanagan College campuses in Vernon (100 beds), Salmon Arm (60 beds) and Kelowna (216 beds). Total project cost is $74.6 million ($71.5 million provincial funding); and
  • Selkirk College in Castlegar (114 beds) and Nelson (36 beds). Total project cost is $34.2 million ($32.1 million provincial funding).

Lower Mainland:

New student housing already open:

  • 383 beds at Simon Fraser University in Burnaby. Total project cost is $111.6 million ($73 million provincial funding) and completed in May 2023.

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);
  • 470 beds at British Columbia Institute of Technology in Burnaby. Total project cost is $119.7 million ($108.5 million provincial funding); and
  • 368 beds and an academic space at Douglas College in New Westminster. Total project cost is $292.5 million ($202.3 million provincial funding - $74 million for the academic part of the project and $128.3 million for student housing from 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) and opened in October 2021; and
  • 12 beds at College of New Caledonia in Prince George. Total project cost is $5.3 million (fully funded by the province) and opened in September 2021.  

Vancouver Island:

New student housing already open:

  • The University of Victoria opened its first 398-bed building with dining facilities in September 2022. The second 385-bed building opened in September 2023, for a total of 783 new beds (621 net new and 162 replacement beds). Total project cost is $230.8 million ($127.9 million provincial funding).

New student housing underway:

  • 217 beds at North Island College. Total project cost is $77.9 million ($75.9 million provincial funding); and
  • 266 beds at Vancouver Island University. Total project cost is $87.8 million ($87 million provincial funding).