Rendering of possible construction. @letstalkhousingbc.ca
KELOWNA – The Federal Government recently announced an investment of $4.6 million for 75 new affordable homes in Kelowna for low to moderate income seniors, individuals and families as well as people living with disabilities. Construction of Pleasantvale 2 is currently underway and expected to be complete in early 2025.
The low-rise apartment building is located at 651 Cambridge Avenue and will be operated by the Society of HOPE. The apartment building will feature 48 apartment units, with four being accessible and the remaining being universal design. Pleasantvale 2 also has 27 townhomes that are targeted for low to moderate income families with dependent children. All common amenity space is universally accessible. The outdoor garden has raised garden beds to be more accessible, and site sidewalks are universally accessible.
The site is located close to Kelowna’s downtown area, park spaces, transit, and other amenities.
“The City of Kelowna was pleased to contribute more than $800,000 through land acquisition to the development of this much needed housing. By acquiring a portion of this property so that then next phase of Pleasantvale could be built, we will now have 75 new affordable homes for seniors, and single parent families in Kelowna,” said Tom Dyas, Mayor, City of Kelowna
“The Rotary Club of Kelowna has recognized the need for affordable housing since the 1950s, all the way back to the original 50 units we built for seniors on this very site. We are very pleased to see this next step in the Pleasantvale redevelopment, which will result in a total of 98 homes for seniors and 47 homes for families on the original site, all stemming from the Club’s original commitment to provide 50 seniors housing units. We are fortunate to partner with all levels of government to improve the quality of life for seniors in Kelowna and provide them with affordable housing in our community,” said Catherine Comben, Last President of Pleasantvale Homes Society, Rotary Club of Kelowna
Additional funding for this project includes: $8.7 million from the Government of BC through BC Housing’s Building BC: Community Housing Fund, $802,530 from the City of Kelowna and $50,000 from the Rotary Club of Kelowna.