Canada - BC Social Housing Agreement
On June 19, 2006, the Government of Canada and the Province of British Columbia signed an agreement to transfer the administration of 51,600 social housing units to the Province of British Columbia.
The transfer helps streamline and simplify administration, and allows the province to provide access to housing services through one-window delivery. The province can use savings generated through the efficient use of federal funds to maintain the existing stock and to reinvest in housing for low income people.
In April 2007, a letter of agreement between Canada Mortgage and Housing Corporation and BC Housing was signed amending the Social Housing Agreement. In January 2012, the parties signed a second letter of agreement adding the Rental Assistance Program to the agreement.