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Better Victoria Homes Safety and Book Financial Program

Better Victoria Homes Safety and Book Financial Program

Here to work with you

What’s the better Victoria property Security and book Bank plan?

a roentgen ent B ank supplies financial assistance by means of a no-interest repayable financing, to people prone to eviction for factors such as for example non-payment of book or utilities. The borrowed funds may also be used as a damage deposit and/or basic month’s lease to go to as well as sustainable houses

*Service providers: please print off of the one webpage document to put up throughout your company.

Please Note: *Grant resources are not offered at this time around


The higher Victoria construction Security and lease financial plan helps households and folks who fulfill qualification requirement and exactly who are prone to eviction or crucial electric disconnection considering a short-term shortage of resources.

*Exceptions is made in some conditions if all the qualifications criteria become found.

Low-income is defined as follows:

Requisite Documents

Two bits of government-issued detection (one with a photo)

Proof of Tenancy or intention to lease (ex: house Tenancy contract, rent Agreement, or other rental arrangement)

Eviction observe or power observe of Disconnection (if applicable)

Three months of most banking account and bank card statements (including statements of all of the obligations)

Proof earnings

Please be aware: BC lease financial in addition to neighborhood societal preparation Council will use your private information mainly for assessment and government uses in accordance with the directions regarding the BC Rent Bank confidentiality declaration.

System Facts

Tips utilize

You’ll be able to submit an application for the Greater Victoria homes safety and Rent financial regimen by completing the Pre-Assessment kind and publishing the necessary paperwork .

Software Processes


The Pre-Assessment type ought to be complete and published on line . The design s will be evaluated from inside the purchase these are typically was given. If you do not have e-mail access, please cellphone and go over further choice.

* Submitting a Pre-Assessment cannot promises that you’ll see financial assistance.


After we have actually reviewed the first ideas, we’ll discuss next steps*. This talk can sometimes include asking to perform a cell phone interview and also to incorporate further paperwork.

* talking to you and looking at your circumstances does not promises that you’ll obtain financial assistance.

Step Three: FOLLOW-UP

Greater Victoria houses protection and lease lender plan C ase M anager follows up with one to talk about the application. If necessary, we may require more details. The way it is Manager may request permission to make contact with your own property manager, employer, electricity firm, and/or every other provider.


Our very own Loan Evaluation panel will review completed applications. Financial loans tend to be recommended according to the odds of getting construction, the applicant’s monetary reliability, readily available mortgage resources, while the applicant’s ability to pay the mortgage. The Greater Victoria casing safety and lease lender plan Case management will alert you from the Committee’s decision.

When the mortgage has-been approved, possible Manager will arrange a conference with the candidate to perform the mortgage /grant endorsement paperwork , like the financing payment plan.

Note: property Security funds were accepted in line with the probability of acquiring houses, the applicant’s monetary reliability, and available grant funds. *

In the event that loan is accepted, the situation supervisor will setup a gathering along with you to accomplish the borrowed funds affirmation paperwork, like the financing repayment strategy.

Email Address

For companies or companies seeking details, kindly contact Ben Finkelberg or Lauren Davis, the Greater Victoria houses protection and book financial system Case executives at:

NOTICE: as a result of COVID-19, the CSPC associates is actually functioning remotely. Should you want to meet in-person, please contact ahead of time to guarantee the option of a larger Victoria property safety and book Bank Program team individual satisfy so we can stick to appropriate social distancing recommendations.

Faq’s (FAQ’s)

The intention of the Rent mortgage and/ or construction give is always to aid lowest – to moderate-income people a letter d people in maintaining as well as sustainable houses . Funds are given to assist with:

Yes, there’s an optimum. The maximum amount an individual can request try $1,500 , and t he maximum level a family can request try $2,000 .

No more than $500.00 is lent for essential power arrears (never to exceed the maximum amount noted above if coupled with rent ).

Note: Construction Safety Grants include set. * The book lender will likely not promises an offer levels until after a loan application has become examined and accepted. Best decisions will be based on latest monthly income, month-to-month costs, family size and ability to sustain casing after getting grant/loan funds. In exemplary issues, a grant and financing is likely to be blended when it is demonstrated to assist support finances and protect lasting, safer casing.

T the guy Greater Victoria book financial cannot warranty a response times as a result of higher amount of individuals and enquir i parece. However, w e see the importance associated with the circumstance ; t h erefore, we wi ll create all of our best to get in touch with you at the earliest opportunity. We possibly may have the ability to give recommendations some other means for the time being. F eel absolve to contact us if you want more details.

This really is an interest -free mortgage , but consumers might be cost d an administrative charge of $1.00/month . The repayment phase of financing depends upon extent loaned and the borrower’s capacity to payback. Maximum repayment term are a couple of years (2 years) , and repayment can begin at the most six months after the financing contract are s igned .

*On a 2-year term .

Regular re costs include automatically taken from your own banking account or social aid cheque.

There’s absolutely no repayment dependence on authorized onetime housing grants. *

Yes. The interview process is really detailed; we’re going to ask detail by detail questions regarding past, recent, and future expenses, having a budget (past/current), and future earnings channels. The method can appear intrusive; but the aim is to see whether the applicant joins the program criteria.

*Due to COVID-19, we convince all interview getting completed practically. Unless you get access to a computer or cell , be sure to contact greater Victoria houses safety and book Bank staff for additional solutions.

Cheque s and electric money transfers is right made off to landlords and electricity organizations.

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