Housing Renovation Partnership
In October 2009, the Governments of Canada and British Columbia announced the $177 million cost-shared Housing Renovation Partnership (HRP), which provided funding to renovate and retrofit social housing in greatest need of repair throughout the province, creating an estimated 1,130 jobs.
The majority of the funding, $164 million, was directed toward repairs at 103 social housing developments managed by BC Housing and the non-profit housing sector. The remainder of the funding, $13 million, was allocated to renovations at 19 provincially-owned Single Room Occupancy (SRO) hotels managed by non-profit operators. The program is funded by the Canada-BC Affordable Housing Agreement.