NDP federal leader Jagmeet Singh wants a federal equivalent of a B.C. rental housing acquisition fund that he says is helping to keep housing affordable for tenants.
Lu’ma Native Housing is buying the 16-unit Carrie Street building through low-interest financing and a $3-million contribution from the Rental Protection Fund. “Everyone I speak with tells me about the pressure the’re facing finding an affordable place to rent,” she said. “Those that have a reasonably priced place are consistently worried about a building being sold and that they may be forced out.”
“It’s kind of sad — I’m almost 30 and I get back with mom and dad,” Adams said. “It sucked that I had no other choice.” “But if we’re building homes and also losing what we have that’s affordable, we’re never going to win this fight.”
Source: News Formal (newsformal.com)
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