Kelowna parking lot up for development courtesy of BC Builds project

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Bc Builds News

Canada

A parcel of downtown Kelowna land could soon be home to a new selection of rental homes due to the province's BC Builds program, according to the province.

B.C.'s Housing Minister Ravi Kahlon said at a press conference on Tuesday morning that a new program launched by the government will bring most home options for middle-income people. Kahlon said the BC Builds program will allow residents to live near where they work and raise children in communities close to family members. – Feb 13, 2024A parcel of downtown Kelowna, B.C.

“Our communities and our economy depend on middle-income people like teachers, nurses and construction workers, and they depend on being able to find a decent place to live within their budget,” Premier David Eby said. Launched in February 2024, BC Builds delivers more homes middle-income earners can afford through low-interest financing, grant funding, and leveraging government-, community- and non-profit-owned and underused land.BC Builds is seeking proposals to connect residential developers and housing operators to the landowners of these pre-zoned sites through a new online platform on the BC Builds website.

 

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