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Central Okanagan Foundation donates $50k to help rent bank program

The rent bank program is through the Canadian Mental Health Association Kelowna
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The Canadian Mental Health Association (CMHA) Kelowna received $50,000 from the Central Okanagan Foundation. (Contributed)

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 Association91裸聊视频檚 (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.

91裸聊视频淢ore people are feeling the impacts of inflation and high rents and finding it harder to keep up financially,91裸聊视频 said CMHA Kelowna CEO Mike Gawliuk. 91裸聊视频淭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 someone91裸聊视频檚 home is a significant investment in their mental health.91裸聊视频

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.

91裸聊视频淭he Central Okanagan Foundation recognizes that stable housing is fundamental to community wellbeing,91裸聊视频 said Central Okanagan Foundation manager of grants and community initiatives Abbie Norrish. 91裸聊视频淭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.91裸聊视频

CMHA Kelowna launched the program in 2021.

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Jordy Cunningham

About the Author: Jordy Cunningham

Hailing from Ladner, B.C., I have been passionate about sports, especially baseball, since I was young. In 2018, I graduated from Thompson Rivers University in Kamloops with a Bachelor of Journalism degree
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