After City of Vancouver gets $115M federal housing funds, other municipalities await their ‘fair share’

Vancouver has received $115 million in federal housing funds, with Burnaby confirmed to receive $43 million and Kelowna already receiving $31.5 million. The housing accelerator fund aims to support new housing construction through innovative methods. Other municipalities in British Columbia, like Surrey, are awaiting updates on their applications. The funds were previously paused due to increased development costs in Metro Vancouver, but have now been resumed.