THE federal government, along with Metro Vancouver, on Monday announced nearly $36 million in combined funding to help repair and renew 715 units across the Metro Vancouver Housing portfolio.
The repairs will be made across nine properties (three in Surrey, two in Richmond, and one each in Burnaby, City of North Vancouver, Port Coquitlam and Coquitlam) through 11 projects that include high-performance envelope upgrades, deep energy renewals, community space improvements, and replacement of cladding, windows, balconies, roofing, mechanical systems and common area flooring. The repairs are expected to be complete across the portfolio throughout 2026 and into 2028.
The announcement was made by Parm Bains, MP for Richmond East-Steveston, on behalf of Gregor Robertson, federal Minister of Housing and Infrastructure and Minister responsible for Pacific Economic Development, alongside Mike Hurley, Chair of Metro Vancouver’s Boards of Directors.
“The past year has revealed there are limits to Canada’s economic independence. Budget 2025 is tackling that challenge head on. It is our plan to take control and build the future we want for ourselves. It is our plan to Build Canada Strong,” the federal government said.
Bains said: “This funding, from both Metro Vancouver and the federal government, will allow us to make critical repairs that will improve the quality of life for residents today, while also making our housing more energy efficient, accessible, and affordable for the future. These repairs will ensure residents have safe, comfortable homes, while also enhancing the long-term sustainability of local housing stock.”
Hurley said: “Metro Vancouver Housing provides safe, comfortable non-market rental homes for nearly 10,000 people across the region. Renewal projects allow us to upgrade these homes without displacing residents, extending the lives of the housing sites while reducing energy consumption and greenhouse gas emissions. This CMHC grant supports the provision of quality, well-maintained, and sustainable housing where it’s most needed.”
Funding provided for the Metro Vancouver Housing repairs is as follows:
* $7.15 million from the federal government, through the National Housing Strategy’s Affordable Housing Fund
* $28.9 million from Metro Vancouver Housing
