RICHMOND, B.C. – Construction has begun on the Pathways Clubhouse building in Richmond, B.C. which will contain 80 affordable homes.
The project at 5491 No. 2 RD is a partnership between BC Housing, the City of Richmond and Pathways Clubhouse Society of Richmond and includes 24 studios, 36 one-bedroom units, 15 two-bedroom units and five three-bedroom units. Five per cent of the units will be fully accessible for people living with disabilities, a release said.
“These 80 units will provide rental homes for Richmond residents at various income levels and accommodate single people, families and seniors. It is yet another example of the city’s Affordable Housing Strategy in action. We look forward to seeing even more housing opportunities developed for Richmond residents in the coming months,” said Richmond Mayor Malcolm Brodie in a statement.
BC Housing is providing approximately $9 million through the Building BC: Community Housing Fund for the project, while the City of Richmond is contributing approximately $2.2 million through development costs and other charges, plus the land.
Approximately 20 per cent of the units (16 homes) will be rented at shelter rates for people experiencing or at risk of homelessness, and approximately 50 per cent of the units (40 homes) will have rent geared to income, the release said. Approximately 30 per cent of the units (24 homes) will be affordable market rentals, tied to the Canada Mortgage and Housing Corporation’s average market rent.
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