KAMLOOPS – With the help of additional funding through the Province’s 10-year housing plan, 60 new affordable rental homes are under construction in Kamloops.
The housing is a result of a partnership between the Province, the City of Kamloops and the John Howard Society of the Thompson Region (JHSTR).
Located at 445 5th Ave., the four-storey, wood-frame building will provide 60 affordable homes for individuals, families, seniors and people with disabilities, including people living with mental-health challenges. The project will offer accessible studios, one-bedroom and two-bedroom homes with support services.
Monthly rents will range from approximately $710 for a studio, $805 for a one-bedroom and $920 for a two-bedroom unit. This is $300 a month less than they would have been without the additional provincial investment.
“The City of Kamloops is excited to see construction starting on this project, which will support residents with a variety of needs,” said Dieter Dudy, deputy mayor, City of Kamloops. “The city and our partners have been working hard to increase the supply of affordable housing in our community and it’s great to be seeing the results of those efforts.”
The affordable units will be managed by JHSTR, a local non-profit with experience managing affordable rental housing and success working with people living with mental-health issues.
“The John Howard Society has been operating housing safely and successfully with a well-experienced housing team,” said Lindsay Lord, CEO, JHSTR. “The agency staff and board of directors are pleased to be working alongside both the Province and the city, continuing to build upon the community of Kamloops’ affordable-housing continuum.”
This project is part of an memorandum of understanding commitment between the City of Kamloops and BC Housing to build more than 100 units of affordable housing for people with low to moderate incomes.
Residents are expected to move into the building in early 2022.