BC Rent Bank

BC Rent Bank is a project of Vancity Community Foundation, funded by the province of British Columbia. Regardless of where you live in the province, you can access a rent bank and its support services to help stabilize your rental housing during unanticipated short-term financial challenges.

A rent bank is a housing stability and homelessness prevention resource that offers interest-free financial assistance, advice and a friendly face to help low-to-moderate income renters who are struggling to pay rent and/or essential utilities (gas, hydro). Rent banks can offer or facilitate access to supports such as financial literacy, debt/credit counselling, landlord-tenant mediation, vocational supports, legal advocacy and other services that contribute to financial and housing stability. The maximum loan amount is up to $3500 and repayment terms are from 6 to 36 months. Terms of agreement are set by rent banks themselves.

BC Rent Bank does not provide financial assistance directly to tenants. We partner with community-based agencies and local non-profit organizations which operate rent banks in communities around B.C. These organizations provide support to tenants and administer financial assistance directly to landlords or utility companies on behalf of tenants.

If you have any further questions about BC Rent Bank, please email: info@bcrentbank.ca or call: (604) 877-8453.