CANADA INVESTS OVER $107 MILLION FOR NEW RENTAL HOMES IN VANCOUVER ...Middle East

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VANCOUVER, BC, Sept. 22, 2023 /CNW/ – The Government of Canada is providing $107.5 million in fully repayable low-interest loans through the Rental Construction Financing Initiative (RCFi) to build 215 purpose-built rental homes for residents of Vancouver. The announcement took place at the project known as W42, located at 5780 Alberta Street. This follows the Honourable Sean Fraser’s, Minister of Housing, Infrastructure and Communities, August 16 visit to Vancouver where he announced nearly $500 million for over 1110 units, including the project announced today. Canada Mortgage and Housing Corporation Logo (CNW Group/Canada Mortgage and Housing Corporation (CMHC)) W42 will b

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