$178M Funding Secured for UVic’s Urgent Student Housing Project

BREAKING: The University of Victoria (UVic) has just secured $178 million in funding for a crucial new student housing project aimed at alleviating the pressing need for affordable accommodation. The provincial government is committing $121 million, while UVic will contribute $57 million to build a 510-bed residence in Saanich, British Columbia.

This transformative housing initiative is designed specifically for upper-year undergraduate and graduate students, addressing the urgent challenges many face in finding affordable housing close to campus. The new facility will be strategically located on a parking lot off Sinclair Road, right in the heart of UVic’s residence area and near the UVic Transit Exchange.

Construction is set to begin in spring 2026, marking a significant step forward in supporting student success. “The new student residence will be transformative for our upper-year undergraduate and graduate students,” stated Qwul’sih’yah’maht Robina Thomas, UVic’s acting president and vice-chancellor. “Living on campus gives students better access to academic and wellness supports and strengthens their connections to peers, allowing them to focus on what matters: their education.”

The proposed building will meet zero-carbon and fully electric standards, aiming for LEED Gold certification. This aligns with the objectives of CleanBC and UVic’s climate and sustainability action plan, showcasing the province’s commitment to a more sustainable future.

Local officials are praising the announcement. “Affordable, accessible housing is key to student success,” said Grace Lore, MLA for Victoria-Beacon Hill. “By expanding on-campus options at UVic, we’re not only supporting learners, but we’re also helping to reduce demand on the broader rental market. This is a meaningful investment in education and in our community.”

As the urgency surrounding student housing escalates, the approval of this funding marks a significant milestone for UVic and its commitment to enhancing the student experience. With construction on the horizon, the community is watching closely for updates on this vital project.

Stay tuned for further developments as the situation unfolds, and share this news to spread awareness of this important initiative!