Provincial share (includes funding of $319.6 million provided directly by the provincial government to BC Housing, plus $8.7 million in provincial funding provided through partnership ministries): $328.3 million
Federal share: $139.8 million
Other (includes tenant rent and revenue from other sources): $37 million

Here is how BC Housing spends its $505.1 million in funding:

Emergency shelter and housing for the homeless: $80.4 million
Transitional supported and assisted living: $92.8 million
Independent social housing: $256.9
Rent assistance in the private market: $75.0 million

BC Housing remains committed to providing affordable, safe, quality housing to B.C.’s most vulnerable citizens. In 2007/08, $505.1 million will be spent on developing, maintaining and managing 98,670 housing units through a variety of program options. Approximately 34 per cent of funding ($173.2 million in 2007/08) is allocated to non-profit and co-operative housing providers that operate emergency shelters and housing for the homeless, vulnerable individuals and frail seniors. Almost 51 per cent ($256.9 million in 2007/08) of funding is allocated to fund projects for individuals and low-income families living in independent social housing, and 15 per cent is allocated to rent assistance ($75 million in 2007/08) for individuals and families renting in the private market. Provincial and federal governments are expected to contribute nearly $468.1 million of the required funding. Tenant rent and other revenues are expected to reach $37 million in 2007/08. This amount will increase over time as rents increase with inflation.