The Province of British Columbia created the Indigenous Housing Fund (IHF) in 2018. This fund develops affordable rental homes for Indigenous families, Elders, individuals, and persons with a disability.
Since 2018, the Province has committed approximately $1.7 billion to build 3,500 homes on and off reserve over 10 years. As of September 2024, more than 3,220 new affordable homes are open or underway.
The Province is proud to be working together with Indigenous non-profit housing providers, First Nations, and other Indigenous organizations to build homes for Indigenous people across B.C.
What is happening?
The BC Housing Management Commission put out a Request for Proposals (“RFP”) for the IHF in November 2023. The call closed in May 2024. In September 2024, a total of 41 new projects, providing more than 1,600 new rental homes, were selected to move forward.
Note for Housing Providers: Indigenous organizations and First Nations may be able to access provincial support under the Building BC: Community Housing Fund.
Indigenous Housing Fund projects
To view Indigenous Housing Fund projects across BC, go to Homes for BC.
Rent
Units developed under the Indigenous Housing Fund (IHF) are 100% Rent-Geared-to-Income (RGI), however, fixed rents may be considered for projects On-Reserve. If fixed rents are implemented, they must ensure an equitable approach across projects, ensure efficient use of limited subsidy funds, and support long-term sustainability of the housing stock. These figures use 40% of HILs, as determined by BC Housing from time to time.
Optional IHF fixed Rents (On-Reserve)*
Planning Area | 1 bdrm or less | 2 bdrm | 3 bdrm | 4+ bdrm |
Lower Mainland Planning Area | $770 | $895 | $980 | $1,060 |
Southern BC Planning Area | $650 | $780 | $875 | $955 |
Vancouver Island Planning Area | $620 | $745 | $835 | $910 |
Northern BC Planning Area | $680 | $815 | $920 | $995 |
*The IHF Fixed Rents are established by BC Housing from time to time