The B.C. government says it is providing $123 million to a project expanding on-campus homes available to University of Victoria students. The province announced there will be a 25 per cent expansion of on-campus housing with the construction of two new buildings to replace three older facilities for a net gain of 620 student homes. The estimated overall cost of the project is $201 million and will house 782 students and include a new dining hall and multi-purpose space. The NDP government says $98 million will come from the BC Student Housing Loan Program and $25 million is courtesy the ministry capital budget toward half the cost of the dining hall. The University of Victoria Foundation is providing up to $45 million and the balance of costs will come from UVic.