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100 affordable homes open in Terrace, B.C.

JOC News Service
100 affordable homes open in Terrace, B.C.

TERRACE, B.C. – The province of British Columbia, City of Terrace and the Ksan House Society announced 100 affordable homes are now open and ready to be occupied.

The homes are comprised of 52 units of supportive housing located in a three-storey modular building called Sonder House located at 4523 Olson Ave and 45 affordable rental homes at Stone Ridge Estates, a three-storey apartment building.

“Northwest communities like Terrace were left to suffer under the weight of a housing crisis for too long. These new homes will give people the peace of mind that comes from having a safe and affordable place to call home – something that every British Columbian deserves,” North Coast MLA Jennifer Rice said.

“The City of Terrace is pleased to have supported BC Housing and Ksan House Society in providing new, affordable and modern housing for people with low incomes or who are homeless. The contributions by the city are significant and include land and grants. A secure place to call home is the foundation of wellness. We wish each individual and family all the best in their new homes,” Terrace mayor Carol Leclerc said.

The B.C. government provided $10 million in capital funding for the modular supportive housing project and approximately $8.4 million in capital funding for the affordable housing project, while the City of Terrace provided  land valued at $220,000 for the modular supportive housing project and a $250,000 Affordable Housing Fund grant, municipal waivers in the amount of $178,000 and the land valued at approximately $441,000 for the affordable housing project.

The provincial government is also partnering with the M’akola Housing Society to build 48 homes for Indigenous peoples in Terrace through the Building BC: Indigenous Housing Fund.

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