NORTH VANCOUVER, B.C.—Work has begun on an affordable housing project in the District of North Vancouver.
“The housing crisis has meant many North Shore community members are struggling to find affordable housing and make ends meet,” said Bowinn Ma, MLA for North Vancouver-Lonsdale in a press release. “This project will provide 90 individuals and families with the kind of housing security that everyone deserves to have. I’m excited to see it break ground and know there’s more to do.”
The 90-unit, six-storey wood-frame building will replace two aging single-family homes. Named Salal Apartments, the project will provide one-, two- and three-bedroom homes for moderate- and low-income individuals and families, as well as outdoor amenity spaces, including play areas and community gardens.
The development is a partnership between the provincial and federal governments, the District of North Vancouver, Sanford Affordable Housing Society and Hollyburn Community Services Society. Sanford Affordable Housing Society will operate the new homes, which are expected to be complete in fall 2023.
“Sanford Affordable Housing Society is excited to join our incredible partners to bring this project to the District of North Vancouver,” said Feezah Jaffer, executive director of the Sanford Affordable Housing Society. “Our experience developing and operating housing for those with low to moderate incomes will serve this initiative well and we look forward to working with BC Housing, the district and Hollyburn Community Services Society to provide quality and affordable homes for many who are facing great challenges.”
Half of the units will have rent tied to income, where rent is 30 per cent of the tenant’s income. Some of the units will be rented to people with very low incomes, such as those receiving income or disability assistance. Others will be at or below market rent.
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