VICTORIA — The Government of British Columbia has invested $11 million in the North Shore Neighbourhood House, an affordable rental home building featuring a respite centre in the City of North Vancouver.
The Neighbourhood House redevelopment will be a six-storey mixed-use building with studio, one-, two- and three-bedroom units with some containing accessibility features and rents 15 per cent below-market rates, according to a news release.
The development will contain a respite centre containing 18 overnight beds and 25 adult day care spaces. Care BC will operate the centre and is fundraising to cover the total cost of construction and operations.
Neighbourhood House is located at 224 2nd St. E. on city-owned land. Phase one of three will see the redevelopment of the northwestern portion of the existing structure.
“Every community feels the pressure of the housing crisis as people struggle to find attainable and stable rental homes. These new homes will allow families, seniors, and moderate-income earners to stay within the community they love,” said Linda Buchanan, mayor of the City of North Vancouver, in the release.
Construction will begin in August and be led by Catalyst.
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