The Government of British Columbia created the Indigenous Housing Fund (IHF) in 2018. This fund helps build affordable rental homes for Indigenous families, Elders, individuals, and people with disabilities.
Since 2018, the Province has invested about $1.7 billion to build 3,500 homes both on reserve and off reserve.
The Province works closely with Indigenous non-profit housing providers, First Nations, and other Indigenous organizations to create safe, affordable homes for Indigenous people across B.C.
Rent structure
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