Quote:
Originally Posted by whatnext
I'm a bit confused by this government announcement about 2538 Birch today. have they bought the site or are they just taking credit for previously approved market rentals?
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From the horses mouth:
"The development is a partnership between the Province, through BC Housing’s HousingHub program, Jameson Development Corp. and the City of Vancouver. The Province is providing approximately $164 million in low-interest financing for the project, which will be repaid by Jameson Development Corp."
https://news.gov.bc.ca/releases/2023HOUS0064-000887
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