NELSON, B.C.—Nelson’s first affordable housing project in 15 years has been completed and opened up.
The facility will service tenants with disabilities with low to moderate incomes. It includes 43 affordable rental homes units.
“These homes will help make life much more affordable and secure for families, seniors and people with disabilities,” said Brittny Anderson, MLA for Nelson-Creston, in a statement. “Thank you to the City of Nelson and Nelson CARES for partnering with us to deliver such a positive asset for the community.”
The project was funded by the province, through BC Housing, which provided $4.3 million.
Officials also offered approximately $11.6 million in repayable financing.
As with all projects funded under the Community Housing Fund, rents at the building are based on household income:
- nine units for people with very low incomes (i.e., seniors on fixed incomes and people receiving income assistance): $375 to $660 per month;
- 20 rent-geared-to-income units (for people with low to moderate incomes): $650 to $950 per month;
- 12 market rental units: $975 to $1,625 per month; and
- two three-bedroom community living units for people with disabilities: $375 to $445 per month.
The homes will be owned and operated by Nelson CARES Society, a registered charity that has been operating housing in the community since 1974.
The building is centrally located in Nelson’s downtown waterfront area, close to amenities, including a grocery store, community centre, the seniors’ society and recreation opportunities.
Residents will finish moving into the building by the end of June.