A new 68-unit housing unit coming downtown Âé¶čAV is set to provide affordable rental housing for those in need.
The six-storey building, located at 555 Fuller Ave and Bertram Street, will feature a variety of living spaces, from studio to two-bedroom apartments. Eight units will be accessible to those with disabilities.
The Government of British Columbia today (Feb. 24) announced the new project, which they have contributed $7.7 million towards. Pathways Abilities Society will manage the site, on land owned by the City of Âé¶čAV.
It will be created in an effort to provide rental homes for low- to- moderate-income singles, seniors, families and persons with disabilities in Âé¶čAV.
âAll units in the building will be rented at below-market rates,â stated the government in a release.
The project is being funded through the governmentâs Investment in Housing Innovation Fund and the Deepening Affordability Fund. The federal government is also contributing $2.45 million.
It will be called Hadgraft Wilson Place, in recognition of two families who were strong advocates for persons with disabilities, the government explained.
The building, which is under construction, is set to be completed in fall 2022.
Âé¶čAV mayor Colin Basran praised the project.
âA vibrant community requires housing of all types and price points. This development will not only increase the amount of affordable housing in the city but also supports the cityâs Official Community Plan and the desire for a more dense, walkable downtown core,â said Basran.
Pathways Abilities Society shared their excitement that the project has come to fruition.
âThe new building ⊠will create more affordable homes for people living in our community. We are grateful for the opportunity work with our many community partners including the City of Âé¶čAV and BC Housing,â said Pathways Abilities Society executive director, Charisse Daley.
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