More rental housing is coming to the Comox Valley.
The province announced over 2,400 new affordable rental homes for people with moderate and low incomes in 39 communities across B.C.
This includes in Comox, where 52 homes will be built for seniors at 1582 Balmoral Ave.
The project is being done in partnership with Comox Valley Affordable Housing Society.
Housing minister David Eby says these homes are part of the nearly 30,000 affordable homes now complete or underway in every corner of the province.
A total of 47 new projects have been selected through the Building BC: Community Housing Fund.
It will provide homes for individuals, families, seniors, people with disabilities and Indigenous peoples throughout the province.
“Every one of the affordable homes announced today are desperately needed and will change the life course for thousands of individuals and families in the decades ahead,” said Jill Atkey, CEO, BC Non-Profit Housing Association. “The community housing sector looks forward to working with municipal partners to ensure these new homes are built as quickly as possible.”
The CHF supports mixed-income buildings.
These projects have:
- 50 percent of the units for households with annual incomes up to $64,000;
- 30 percent of the units for households with incomes up to approximately $74,000; and
- 20 percent of the units for households with very low incomes (including those on income or disability assistance).
More than 1,000 of the new homes will be for Indigenous individuals, families and Elders.
“The Aboriginal Management Housing Association (AMHA) is thrilled to see that out of the 47 projects approved for the CHF, 21 are Indigenous-led projects,” said Margaret Pfoh, CEO, AMHA. “Each of the successful housing developments will enhance and foster a broader sense of community for all future tenants. Indigenous housing issues require Indigenous solutions, and we congratulate each society for leading the change we need to see in our province. In order to move forward in reconciliation, it is crucial British Columbia continues to prioritize the unique housing barriers faced by Indigenous peoples.”
The province says it’s investing $1.9 billion to build more than 14,000 affordable rental homes for moderate- and low-income families and individuals over the next decade.
