LADYSMITH –With the construction of a 36-unit rental housing project in the community of Ladysmith, families, seniors and people with disabilities will soon have more affordable housing options.
Located at 314 Buller St., the four-storey building will provide studio, one- and two-bedroom homes for people with moderate and low incomes. The building also has main-floor office rental space.
The Ladysmith Resources Centre Association will operate the new homes on land owned by the non-profit group.
“The Buller Street project has been a labour of love for numerous Ladysmith Resources Centre Association volunteer committees and board of directors, past and present,” said Vicky Stickwood-Hislop, board president, Ladysmith Resources Centre Association. “With the generosity of our donors and funders, this project will meet a diverse range of housing needs in the community and will provide space for local organizations to deliver community-oriented services and programming.”
The Province is providing a grant of approximately $3.8 million from the Building BC: Community Housing Fund for the project, and will provide approximately $227,000 in annual operating funding.
The project is located on the site of an abandoned church, which has been demolished. People will be able to move into their new homes by fall 2022.
“As we strive towards creating a more inclusive and welcoming Ladysmith, this affordable housing project is an important step forward in our goal to provide housing for people of all ages, incomes and abilities. We’re proud to be working with BC Housing and the Ladysmith Resources Centre Association to ensure that together we meet the housing needs of everyone in our community,” said Ladysmith Mayor, Aaron Stone.