KAMLOOPS, B.C. — The Province of British Columbia, City of Kamloops and the John Howard Society of the Thompson Region (JHSTR) are partnering to build 60 new affordable rental homes in Kamloops, B.C.
A four-storey wood-frame building located at 445 5th Ave. will provide 60 affordable homes for individuals, families, seniors and people with disabilities, including those living with mental-health challenges.
The project is part of a memorandum of understanding between the City of Kamloops and BC Housing to build more than 100 units of affordable housing for people with low to moderate incomes, a B.C. government release stated.
“Our government is ensuring people can live and stay in their communities, close to family and where they work. We’re doing this by providing the funding that projects like this actually need to be affordable for people,” said Selina Robinson, minister of municipal affairs and housing, in a statement. “These homes will help support healthy neighbourhoods by providing a range of accessible, affordable housing for a diverse group of people with mixed incomes and will benefit the community for years to come.”
The project will offer accessible studios, one-bedroom and two-bedroom homes with support services.
“The City of Kamloops is excited to see construction starting on this project, which will support residents with a variety of needs. The city and our partners have been working hard to increase the supply of affordable housing in our community and it’s great to be seeing the results of those efforts,” City of Kamloops deputy mayor Dieter Dudy added.
The affordable units will be managed by JHSTR, a local non-profit that manages affordable rental housing.
The Province of B.C. is investing approximately $10 million into the project including $5 million from the Deepening Affordability fund in June 2020. The City of Kamloops provided land worth an estimated $1.2 million as well as $145,000 in municipal waivers.
Residents are expected to move into the building in early 2022.