BC Housing announced on November 13, 2018, projects that were selected for the Building BC: Community Housing Fund.
“Years of inaction on the B.C. housing crisis left families struggling to get by and unable to get ahead,” said Premier John Horgan. “These new, affordable rental homes are an important step toward addressing the housing crisis and giving families in every part of the province a break from skyrocketing housing costs.”
The new homes are designed to address the need for affordable housing across a range of income levels, in response to a housing crisis that has made housing unaffordable for even middle-class families.
Much like past investments in co-op and non-profit housing, individual buildings will contain units aimed at a mix of income levels, including homes for middle-income individuals and families, deeply subsidized rentals for seniors and others on fixed incomes, and homes for low-wage workers.
“Through the Community Housing Fund, we are building housing so that growing families, aging seniors and low- to moderate-income individuals can afford homes in the communities they live and work in,” said Selina Robinson, Minister of Municipal Affairs and Housing. “These new homes will have life-changing impacts for people and communities right across the province.”
The Province’s new Building BC: Community Housing Fund, a $1.9-billion investment over 10 years, will build more than 14,000 affordable rental homes for seniors, families and low- and middle-income earners, with many to include child care. These 4,900 homes, the first set of projects selected through this fund, will include both non-profits and co-ops, and will be built over the next two to three years.
Number TEN is working with two non-profit housing societies whose projects were selected by BC Housing:
$5.8 million to the Gorge View Society who are looking to add 58 homes for families and seniors on their property at Chown Place. They have operated 100 suites for seniors for the past 50 years on their property at 11 Chown Place in the Burnside Gorge neighbourhood of Victoria.
$2.4 million to the Rogers Court Society who are planning on 24 homes for non-profit seniors housing at the Anglican Diocese's property of St. Peter & St. Paul's in Esquimalt neighbourhood of Victoria. This project envisions a new campus that incorporates a heritage designated church, a new Ministry Centre and 24 units of seniors housing.