SAANICH – Nearly 870 new affordable homes are on the way for renters on Vancouver Island through partnerships between the Province and local non-profit housing providers.
Eight new projects on Vancouver Island have been selected through the third intake of the Building BC: Community Housing Fund (CHF). The proposed projects will provide 867 affordable rental homes for individuals, families, seniors, people living with disabilities and Indigenous people on Vancouver Island.
The announcement took place at Luther Court Society’s Campus of Care at 1525 Cedar Hill Cross Rd. in Saanich. The site, as well as the adjacent 3781 Cedar Hill Rd., are owned by Luther Court Society, which is receiving funding to build 95 new units of intergenerational housing with community support space on the ground floor.
“Luther Court Society is excited to be realizing our dream of adding affordable intergenerational housing to our campus of care,” said Susan Bansgrove, board chair, Luther Court Society. “This program will support an important need in our community. We are grateful to the Province, through BC Housing, for recognizing the value of this program and selecting Luther Court to provide it.”
Including the Vancouver Island projects, the Province, through BC Housing, has identified more than 40 new housing projects to move forward, totalling approximately 3,500 affordable rental homes throughout B.C. Projects have been announced in Metro Vancouver. Additional units in the Interior and North will be announced this week. This brings the total to 12,500 affordable rental homes that are open or underway through the program since its launch in 2018.
“I’m thrilled to see support from BC Housing’s Community Housing Fund going toward several innovative projects in our community. Once completed, they will provide affordable rental homes for families, students and seniors. We want to provide housing for people at all life stages that provides a high quality of life, and these projects certainly contribute to these goals,” said Dean Murdock, mayor of Saanich.
Source: Province of BC
