UBC is building a vibrant community by providing campus housing options to students, faculty, staff and residents, and by developing recreation facilities, community centres, parks, and open spaces within our neighbourhoods and academic spaces. Driven by UBC’s vision to be a world class community of scholars with access to beautiful, functional, and sustainable campuses, we are committed to increasing housing choices and growing campus amenities.
HOUSING ACTION PLAN
Implementing UBC’s Housing Action Plan last year resulted in several exciting rental and homeownership programs for students, faculty and staff.
- Completed Student Housing: c̓əsnaʔəm House in Totem Park now has an additional 354 beds for first year students, while the UBC Exchange Building is under construction to provide an additional 651 student housing beds to upper-year students.
- Accelerated Student Housing: As a result of the 2017 Housing Action Plan update, we developed a new plan to deliver more than 2,000 new student housing beds from 2019-2025.
- Expanded Faculty Home Ownership loans: All faculty are now eligible for a $45,000 to $50,000 Down Payment Assistance Loan depending on hiring date. The Prescribed Interest Rate Loan Program provides approved faculty members a one-time loan to assist with the purchase of a principal residence anywhere in Metro Vancouver.
- Piloted Staff Rent-Geared-to-Income Program: this program targets UBC staff at the Vancouver campus earning less than $68,000 to rent units in the restricted faculty/staff rental portfolio on campus capped at 30% of household income.
AFFORDABLE STUDENT HOUSING AT c̓əsnaʔəm HOUSE IN TOTEM PARK
c̓əsnaʔəm, a Musqueam village, existed on the stal̕əw̓ (now called the Fraser River) long before Vancouver was founded. For over 4000 years, generations of Musqueam lived at c̓əsnaʔəm. UBC is honoured to be gifted this very important name in Musqueam history and culture for the Totem Park Residence In-Fill Phase 2 project.
Completed in 2017, this project added 354 first-year beds to the Totem Park Residence, complementing the existing dining hall, support services and student amenities. Adding new student beds are part of UBC’s growth plan to address the significant demand for on-campus student housing.
Students that live on campus are more engaged with the university community and report higher levels of wellbeing.