New BC Housing initiative hoping to help ‘the missing middle’ income-earners

“Communities across British Columbia are faced with significant housing challenges. You’ve seen price increases in Kamloops, increases in homelessness,” noted Ramsay in an interview with CFJC Today. “One of the things the Hub has been formed to do is seek out those innovative partnerships with non-traditional partners to help create a range of affordable housing options for folks. We’re focused mostly in the Hub work on what people have called ‘the missing middle,’ the average income-earner.”

Ramsay says the program is for households earning between $50,000 and $100,000 a year. He notes the program relies on development expertise and partnerships to build more affordable units across B.C.

“BC Housing can offer development expertise, low-cost financing, as well as access to land. Partners could be church groups, Indigenous groups, local governments, the private sector,” said Ramsay. “It really is coming together to bring the pieces that create affordability and making housing developments a reality.”

by Chad Klassen

New BC Housing initiative hoping to help ‘the missing middle’ income-earners

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