GVHS owns and operates 9 properties with subsidized units in the Greater Victoria area. We offer studio and 1-bedroom units designated for seniors/persons with diverse abilities, and 2, 3 and 4-bedroom units designated for families.
For subsidized rental buildings, a subsidy from BC Housing (BC Government) is required to make up the difference between what residents can afford to pay for rent and the cost of operating the building.
The amount of rent a tenant pays depends on their income sources and amounts. If a tenant received any form of income assistance, rent is set at a flat rent. For those households not receiving income assistance, rent is calculated at 30% of a household’s gross monthly income.
For our subsidized buildings, all prospective tenants must have a live file with the BC Housing Registry. Our tenant selection is based on several factors, including but not limited to, need, internal transfers, suitability, requests from external agencies, building mix, and community need.
