vancouver rent bank
Streetohome has contributed $366,000, funded by a donation from the Radcliffe Foundation, to cover the loan portion of Vancouver’s first rent bank, a project that will provide a cost-effective solution to preventing homelessness caused by short-term financial reasons such as the inability to pay the next month’s rent or utility cut-off due to overdue bills.
Streetohome’s funding partners, who will pay the operating costs of the Rent Bank, include the Vancouver Foundation and the City of Vancouver. The funds will be managed and administered by Network of Inner City Community Services Society (NICCSS). Other partners include UBC Department of Economics, BC Hydro Power Smart, and Vancity.
Read the press release.
View launch announcement photo gallery.
The Vancouver Rent Bank celebrated it's first anniversary in October 2013, and in it's first year helped prevent 228 people - including 39 children - from becoming homeless. Learn more.
Streetohome Board Member Geoff Plant speaks at the Rent Bank launch (October 2012).