Province Announces Affordable Housing Projects
Prince George, B.C. – Sixty eight projects that will create 2,900 affordable rental units in B.C. have been approved for construction throughout the Province.
The majority of the projects are in the Lower Mainland and on the Island, and while Prince George is on the list of communities which will see a project developed, the Province isn’t releasing the details until either later this week, or early next week. There are several projects which will benefit communities in the region, including Quesnel where two affordable housing projects that will create 68 affordable units have been approved.
- Fort St, James will see one project developed that will create 16 units
- Smithers has had one project approved that will create 15 units.
- Terrace has one project that will create 45 units and
- Prince Rupert has two projects approved that will create a total of 60 units.
In addition to creation of additional affordable housing, the Province estimates the projects will create thousands of jobs throughout B.C. as the projects are built.
The new housing projects will serve a wide range of needs including low- to moderate-income renters, seniors, youth, adults with developmental disabilities, Aboriginal people and women and children.
The 68 projects announced will cost a total of $516 million dollars.