BC Builds homes for people: Landowners
No fixed amount
Loan
Description:
BC Builds offers low-cost repayable construction loans to private developers to help make projects viable in the current high-cost environment and to build homes for middle-income households and families. Private developers that secure financing from BC Builds must deliver homes for households within the BC Builds income ranges ($85,870 to $136,210 for a studio or one-bedroom home or $138,770 to $201,030 for a two-bedroom home or larger) for a period of 10 years.
Comments on Funding:
Rates for interim construction financing
2025 4.00%
2026 3.30%
2027 3.30%
2028 3.30%
Rates for take-out financing
2025 4.38%
2026 4.52%
2027 4.52%
2028 4.52%
Continuous Intake
Eligibility:
Applicants must be Private Developers
Application Steps:
Applicants must email info@bcbuildshomes.ca
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice
