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Rent Banks – An Additional Resource for Landlords

Rent banks are not only for tenants but they are also an additional resource for landlords, too. How do rent banks work? Rent banks across the province provide small, interest-free loans to eligible low and moderate income renters. They help renters, who find themselv...
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Fall Economic Statement Impacts on Rental Housing Sector

Finance Minister Freeland delivered the Fall Economic Statement on November 30. The main areas on which the Statement impacts the rental housing sector include the following: No new taxes on rental investments:  Our sector has been increasingly concerned ...
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Rent Freeze Extended, Pending Increases Cancelled

While we now effectively have the final results of the October 24, 2020 provincial election (subject to one recount), we congratulate Mr. Horgan and the BC NDP on their securing a majority government.  We look forward to continuing to constructively collaborate with the g...
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50 Years of Learning From and Writing History

Fifty years ago, an influx of rental housing development shaped legislation and helped solidify landlord associations in BC Seven years ago, the BC Apartment Owners and Managers Association (BCAOMA), the Rental Owners and Managers Society of BC (ROMS BC), and the Renta...
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Taking COVID-19 Precautions. BC is Not Out of The Woods Yet!

On October 19th, Provincial Health Officer, Dr. Bonnie Henry, confirmed that British Columbia has entered the second wave of the coronavirus pandemic. There are steps that landlords can take to protect themselves and the health of their tenants. LandlordBC has put toge...
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COVID-19 – October 2020 Update

On March 17th, 2020, the BC Provincial government declared a State of Emergency in response to the COVID-19 pandemic. This announcement brought with it much uncertainty for all British Columbians — including landlords. While we are not yet out of the woods, we have entere...
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2020 and 2021 Rent Increases: What You Need to Know

  2020 Rent Increase: 2.6% 2021 Rent Increase: 1.4% 2020 Rent Increases Rent Increase Notices served in December 2019 would have had an effective date of April 1, 2020. In late March there was a Ministerial Order which delayed these increases and...
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An Open Letter to CMHC from a Vancouver PBR Owner and Developer

Multi-family Equity Take Out Restrictions Will Ultimately Harm Renters I am writing in regard to the recent change to equity take-out provisions under the standard multi-family rental apartment insured loan program. I have been involved with the ownership and operatio...
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Province Outlines Repayment Framework

In response to the Housing Minister’s July 16th announcement addressing their plan for rent increases, unpaid rent during the State of Emergency, and unpaid rent up to September 1, for our members we have prepared a detailed explanation to assist you in managing this proc...