More affordable rental homes on the way for Courtenay
The provincial government says construction is underway on 56 units that are being built at 621 Crown Isle Boulevard(James Wood, MyComoxValleyNow.com Staff)
Over 50 middle-income families in Courtenay will soon have access to new, affordable rental homes.
The provincial government says construction is underway on 56 units that are being built at 621 Crown Isle Boulevard, thanks to a partnership.
The project is being built through BC Housing’s HousingHub, which was created by the province in 2018.
The homes are designed to be affordable for households with annual incomes ranging between $48,000 and $74,000, with rental costs at 30 percent or lower of household income.
Monthly rents will range from approximately $1,200 for a studio, to $1,650 for a two-bedroom and $1,850 for a large two-bedroom rental.
The province says 145 homes in Courtenay are complete, under construction or in development for people with a range of incomes including:
- The HousingHub in Crown Isle.
- The Rapid Response to Homelessness program which will provide 46 supportive homes for people experiencing homelessness.
- The Women’s Transition Housing Fund will get eight homes completed for up to 16 women and children leaving violence.
- The Deepening Affordability Fund which has 35 affordable rental homes completed for people with low to moderate incomes.