City to distribute 9.5 million in Affordable Housing Fund grants in 2025
The City of Vancouver is set to distribute $9.5 million in grants from its Affordable Housing Fund in 2025 to support the development of permanently affordable housing and services for low-income households. Applications for funding will open on January 27, with a focus on addressing homelessness and preserving affordable housing options. The initiative reflects Vancouver's ongoing commitment to improving housing accessibility following the approval of Proposition 3, which increased funding for the program.