Burnaby

Burnaby Rent Bank Funding Request

Council
Date: 2023-11-20
finance



The Burnaby Rent Bank requests $135,000 from the Operating Housing Reserve over three years for administrative costs. Operated by the Purpose Society since 2020, it offers no-interest loans and grants to low-income renters in Burnaby, preventing homelessness. Increased demand necessitates additional staffing. The program supports the Mayor's Task Force on Community Housing's homelessness prevention goals.
Council meeting (with video)
Burnaby Rent Bank Funding Request (PDF)