Province announces funding for 46 new rental homes in Oliver

Province announces funding for 46 new rental homes in Oliver

0
SHARE
Oliver Mayor Martin Johansen speaks about the need for affordable housing during today's announcement of the 46-unit project behind Oliver Place Mall. At left is Minister of Municipal Affairs and Housing Selina Robinson. (Photo by Lyonel Doherty)

BC Housing is planning to build 46 new rental units for families and seniors in Oliver, the provincial agency announced in a press release Oct. 4.

M’akola Housing Society, a Victoria-based, Indigenous housing provider is attached to the $4.6 million project, building projects both on and off Indigenous land. M’akola has offices and housing projects across Vancouver Island and mainland B.C.

The funding is drawn from the province’s Building BC: Community Housing Fund and the construction of the 46 homes at 5931 Airport Rd. is expected to start in spring 2020, according to a BC Housing press release. The project will include one, two-and three-bedroom units within a four-storey apartment building.

The new homes will address the need for affordable housing across a range of income levels, the province said. Approximately 30 per cent of the homes will be for middle-income households, 50 per cent will be for low to moderate-income households and 20 per cent will be for households with low incomes, according to the press release.

The 2020 start date on construction is pending municipal government approval.

“The Town of Oliver appreciates the investment the Province is making to provide for more affordable housing in Oliver,” said Mayor Martin Johansen in the press release. “Council is grateful for this development to provide more safe, affordable and accessible homes for our community members. The strongest communities are those that offer a range of housing options to meet the needs of people.”

This project is part of more than 22,000 new homes that are completed or underway throughout B.C. provided by provincial investments.

“After years of neglect by the last government, many people in our province have struggled to find safe and affordable housing,” said Selina Robinson, Minister for Municipal Affairs and Housing, in the press release. “We’re going to keep working hard, along with our community partners, like M’akola Housing Society, to build the homes that people need.”

LEAVE A REPLY