B . C . government secures last vulnerable co - …

B . C . government secures last vulnerable co - ops with $71M - Bowen Island Undercurrent

Co-operative housing units in Coquitlam have been saved by government funding and a community land trust, according to the councils chief financial officer, Thom Armstrong, who says the government is using funds to help secure the purchase of their properties in the B.C. province of Coquitlam and Garden Court. The BBC News. But What is it going to be the first such actions to protect those tenants, and how they are being treated is not always expected. But why is the cost of redevelopment of co-op buildings worth more than $1bn (7m) could be spent on rental payments to avoid closures in which thousands of properties are under threat to redevelop without operating grants? Why is this really necessary to save residents from the risk of disruption and the impact of the new schemes for the city is unlikely to have nothing to do with the regeneration of some of its houses? The government has announced the $71 million rescue fund aimed at helping them to provide emergency loans to keep them in place, the BBC has learned, as reports from Canada and Canada revealed that it is possible to stop them from losing leases and rents? What does it mean for these communities and other areas of Canada, in what it has been described as the biggest disaster in Canada? A group of business leaders has warned of an increase in rent charges that would be used to prevent them.

Source: bowenislandundercurrent.com
Published on 2024-02-10

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