The City of Victoria has launched a one-time Community Housing Renewal Grant program to support projects that preserve and enhance existing non-market housing in Victoria.

 “Healthy communities begin with well-kept, affordable homes,” said Mayor Marianne Alto. “This investment helps preserve existing homes Victoria residents rely on today while supporting stronger housing for tomorrow. When we invest in community wellbeing, we invest in the future of our city.”

 Funded through the Government of Canada’s Housing Accelerator Fund, a total of $1 million is available for projects that improve and preserve existing community housing, increase sustainability and enhance resident wellbeing.

 “Through the Housing Accelerator Fund, our government is supporting communities like Victoria in removing barriers that will support their local housing goals,” said Will Greaves, Member of Parliament for Victoria on behalf of Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development.

 Non-government, non-profit owners or operators of existing non-market, multi-unit buildings at least 20 years old located in the City of Victoria can apply for up to 100 per cent of renewal capital costs up to $200,000.

 The program is designed to deliver on the City’s Housing Strategy and our Community Safety and Wellbeing Plan by increasing use and availability of existing non-market housing.

 “With the recent pause in provincial funding for new non-market housing projects, the City saw an opportunity to accelerate the renewal of existing community housing stock,” Mayor Alto added.

 Eligible applicants have until 4 p.m. on Friday, July 31,  to submit funding applications. Submissions will be reviewed and evaluated by staff based on eligibility, quality of eligible submissions, evaluation criteria and fund availability.