Tenants and Landlords in BC - You may qualify for the 'BC Temporary Rental Supplement (BC-TRS)' Program

Posted by Mir Khan on Tuesday, April 14th, 2020 at 9:00am.

Dear Friends, present Clients' & future Clients',

The BC-TRS was launched by the Province of British Columbia, Canada - for its residents as part of BC's $5 billion action plan. The intent of this program is to provide temporary rental supplement giving tenants and landlords temporary support towards rent payments for renters impacted by COVID-19. Payments are made directly to the landlords of eligible households. The application portal/link is provided for your convenience as the 2nd link or click here to go there directly now. I wanted to provide as much as possible information I can, initially.

The best source of information is definitely the BC Temporary Rental Supplement (BC-TRS) Program (click here to visit this site)

This program is by BC Housing and does not need to be paid back.

BC Temporary Rental Supplement (BC-TRS) Program

The benefit is available from April 2020 to June 2020 - and if you miss April and apply in May - it is for May and June. If you miss April and May, and apply in June - it is just for June 2020.

The program gives $300 per month for eligible households with no dependents, and $500 per month for eligible households with dependents.

It will cover part of the rent for low- and moderate-income renters who have lost income as a result of COVID-19. Applicants will only have to apply once. If they apply in April, they will get payments for all three month. If they apply in May, they will get payments for the two remaining months. It is expected that the first payments will be provided before the end of April.

Students and others can apply who reside in BC and meet the qualifications established by our Provincial Government.

Landlords CAN NOT apply on behalf of the tenant's - the tenant needs to apply for this and the landlord will need to approve before confirmation is sent to both the: tenant and the landlord.

Once again, this is bare essential information and you can find all details at the BC Temporary Rental Supplement (BC-TRS) Program (click here to visit this site)

Remember, we are all in this together, and will get through this together, stronger than before.

Please stay safe, stay home (mostly) and follow #physical-distancing + #self-isolation -- listen to the Medical Experts and Our Government recommendations.

If I can be of any help and service, please contact me at: (778) 558-4427 or email me at: mir@mirkhan.ca

Feel free to leave to comment or ask me something by entering it below 'Leave a Comment' box ...

Thanks for reading & viewing.

Mir Khan
Certified International Property Specialist, International Realtor Member, Professional Full-time Realtor
Mir Khan Personal Real Estate Corporation
Century 21 AAA Realty Inc.
(778) 558-4427
mir@mirkhan.ca
www.MirKhan.ca

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