This is a B.C. news story, published by vancouversun.
For more B.C. news, you can click here:
more B.C. newsFor more real estate & housing news, you can click here:
more real estate & housing newsFor more news from vancouversun, you can click here:
more news from vancouversunOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about
rent bank assistance. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest eviction prevention news, Rent Bank news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
rent bank programvancouversun
•
71% Informative
A B.C. program that provides interest-free loans and grants to low- and moderate-income households has saved thousands of British Columbians from going homeless, according to a recent report.
The report estimates that the $5.5 million spent on loans, grants and administrative costs in 2023-24 will lead to savings for renters and the government over the next three years .
More than half of the estimated savings — $16.1 million — will benefit renters facing costs from rental increases, moving and storage.
VR Score
77
Informative language
77
Neutral language
42
Article tone
informal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11