In a time when inflation is rising and people are struggling to pay rent some months, the Central Okanagan Foundation has come to help a local organization.
On Tuesday, Feb. 13, the foundation donated $50,000 to the Canadian Mental Health Association香蕉视频直播檚 (CMHA) Central Okanagan Rent Bank program.
This program through CMHA is a one-time interest-free loan and emergency grant to help people pay for their homes that are facing financial troubles.
香蕉视频直播淢ore people are feeling the impacts of inflation and high rents and finding it harder to keep up financially,香蕉视频直播 said CMHA Kelowna CEO Mike Gawliuk. 香蕉视频直播淭here are people and families in our community who are one crisis away from losing the roof over their head; a small investment now to secure someone香蕉视频直播檚 home is a significant investment in their mental health.香蕉视频直播
Gawliuk also adds the rent bank program saw a 49 per cent increase in loan requests last year. In that year, CMHA Kelowna received 431 applications for the rent bank program. In total, they gave out $31,304.21 in loans and $74,630.08 in grants. Applicants must complete a pre-assessment to determine program eligibility.
香蕉视频直播淭he Central Okanagan Foundation recognizes that stable housing is fundamental to community wellbeing,香蕉视频直播 said Central Okanagan Foundation manager of grants and community initiatives Abbie Norrish. 香蕉视频直播淭his strategic investment will help individuals and families retain their homes, helping to address the increasing need and creating a more resilient community for everyone.香蕉视频直播
CMHA Kelowna launched the program in 2021.
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