Vancouver Rent Bank

What can the Vancouver Rent Bank do for me?

VRB can offer a short term funding source that is available to families and individuals that live in the City of Vancouver, at risk of eviction or essential utility disconnection due to a temporary shortage funds. As well we can provide a security deposit if current housing is deemed unsafe or unsustainable. Furthermore we provide low income individuals with the tools to better manage their limited financial resources.

What can the loans be used for?

• Rental arrears/past due rent
• Utility Arrears
• Security Deposits and/or First month’s rent

What are the Vancouver Rent Bank requirements for applicants?

• Currently a resident or will be a resident of the City of Vancouver
• Are low-income (see chart below)
• Are nineteen years of age or older
• Have a bank account
• Have (will have) a concrete, consistent source of income
• Have two pieces of ID
• Can provide proof of tenancy
• Not be in the process of bankruptcy
• Have no un-discharged bankruptcies
• Have a sincere reason for any delinquency in payments
• Are not able to access any other form of government financial assistance
• Have rental costs that do not exceed an ongoing ability to pay  rent
• Be experiencing temporary financial crisis

How do I apply for loans from the Vancouver Rent Bank?

If you meet the above requirements you can start the application process by filling out Pre-Assessment Form on this website by clicking here.

We hold drop-in hours every Tuesday from 1pm to 4pm, you can come get more information and help with your application.

For more information on what to bring to for drop-in application help click here

You may also call 604-566-9685 for more information about the application process.

When should you contact a member of the Vancouver Rent Bank?

If you have concerns about your ability to pay your rent or relevant utility bills, then that would be a good time to call a member of our Vancouver Rent Bank team at 604-566-9685.

If you find that you have not been able to meet your required payments on time, we will be happy to discuss possible solutions that will help you through this difficult time.

We are open 3 days/wk and will get back to you on the next working day.

How long does the process take?

We try to respond to online pre-assessments within 2 business days and try to process completed applications in 7 business days.

How do I know if I am low income?

Low income is defined as follows:

ANNUAL HOUSEHOLD INCOME ELIGIBILITY

How do I pay back the loan?

The maximum repayment term is two years.

This is an interest free loan, you will only be charged an administration fee.

Loan repayment amounts:

• A loan of $500 will require a monthly payment of approximately $22/month*
• A loan of $1000 will require a monthly repayment of approximately $43/month*
• A loan of $1,300 will require a monthly repayment of approximately $55/month*

*On a two year term.

Monthly payments are automatically withdrawn from your bank account.

Hours of Operation:
Wednesday to Friday
10:30am to 4:30pm

Drop-In @ NICCSS Tuesday’s 1pm to 4pm

Contact Us:
By phone at 604-566-9685
By email at vrb@niccss.ca

Vancouver Rent Bank
(Operated by NICCSS)
309-877 East Hastings Street,
Vancouver, BC V6A 3Y1