B.C. Program Prevents Evictions
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rent bank programvancouversun
•Business
Business & Economics
B.C. Rent Bank saves thousands of people from homelessness: report
71% Informative
A B.C. program that provides interest-free loans and grants to low- and moderate-income households has saved thousands of British Columbians from going homeless, according to a recent report.
The report estimates that the $5.5 million spent on loans, grants and administrative costs in 2023-24 will lead to savings for renters and the government over the next three years .
More than half of the estimated savings — $16.1 million — will benefit renters facing costs from rental increases, moving and storage.
VR Score
77
Informative language
77
Neutral language
42
Article tone
informal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11