Friday June 3, 2022

BC Rent Bank was established in 2019 as a pilot project with a three-year mandate to support the funding of existing rent banks; provide support and seed funding to establish new rent banks in BC; and create the infrastructure necessary to support a future provincial rent bank system.

A rent bank is a homelessness prevention tool that offers financial assistance, individualized support, and a friendly face to renters facing a short-term crisis. Rent banks are one part of a broader system of housing stability and homelessness prevention that helps people hold onto their housing when times get tough.

In 2021-22, we continued our work to make rent bank services available to all communities across BC, while also strengthening the province-wide infrastructure to support rent banks over the long term.

• Read the full BC Rent Bank 2021-2022 Impact Report HERE.