BC Housing Minister re-announces affordable housing projects in Burnaby

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 77%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

B.C. Housing Minister Ravi Kahlon was at 6488 Byrnepark Dr. Friday, where construction is underway on a six-storey building with 130 non-market rental units for Indigenous families and individuals.

B.C.'s Housing Minister was in Burnaby Friday afternoon to re-announce provincial support for a pair of affordable housing projects in the city.

Ravi Kahlon was joined by federal and municipal officials at a press event at 6488 Byrnepark Dr., where a six-storey building with 130 non-market rental units for Indigenous families and individuals is currently under construction. A provincial media release on the event noted the building, which will be owned and operated by M'akola Housing Society, will house a mix of studio, one-, two- and three-bedroom units and feature rents geared to income.The release also referenced Eunice Oh Residence at 7898 18 Ave.

Eby announced funding for the Byrnepark Drive project last June, saying the province was providing about $14.7 million through the Building BC Community Housing Fund, as well as a grant of $8.8 million "to address cost pressures to ensure the project remains affordable."Through BC Housing the province has also invested in essential upgrades and repairs to New Vista Place and Ernest Winch Tower, which provide affordable housing for 348 independent seniors at 7210 and 7216 Mary St.

The City of Burnaby has a total of 1,040 non-market housing units, including rentals and co-ops, just built or in development on its land and there are more on the way, according to a city report last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As short-term rental rules loom, B.C. communities opting in and outB.C. Premier, Housing Minister issue reminder about new rules designed to create more rental housing
Source: TerraceStandard - 🏆 24. / 68 Read more »

These are the non-market rental housing projects developed on Burnaby-owned landThe city has contributed more than $172 million to non-market housing in the form of land, grants and site prep.
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

35-Acre Midtown Station Development In Calgary Moves ForwardHoward is based in Burnaby and covers real estate, housing policy, and the development industry.
Source: storeyspub - 🏆 16. / 74 Read more »

The Sophia Rental Project In Vancouver To Be Sold In Foreclosure ProceedingsHoward is based in Burnaby and covers real estate, housing policy, and the development industry.
Source: storeyspub - 🏆 16. / 74 Read more »

41-Storey Rental Tower Proposed Next To Surrey Memorial HospitalHoward is based in Burnaby and covers real estate, housing policy, and the development industry.
Source: storeyspub - 🏆 16. / 74 Read more »

Calgary City-Wide Rezoning Public Hearings End After Two WeeksHoward is based in Burnaby and covers real estate, housing policy, and the development industry.
Source: storeyspub - 🏆 16. / 74 Read more »