Williams Lake Housing Project Opens

By 250 News

Williams Lake, B.C. -  The opening of an $8-million dollar affordable housing complex in Williams Lake is being hailed by the city's mayor.

The 33-unit 'Eagle's Nest' facility will provide housing for low-income Aboriginal adults.  Mayor Kerry Cook says the complex is a welcome addition to the community.  "I would like to acknowledge (the) Cariboo Friendship Society for their ongoing commitment to improving the lives of those in need and for their hard work in bringing this building to completion.

Cariboo-Chilcotin MLA Donna Barnett says, “Eagle’s Nest will be a place of comfort, safety and community for individuals who may have experienced housing challenges in the past."

The Province provided a capital grant of $7.2 million through the Aboriginal Housing Initiative (AHI), which was created to provide funding to develop new, affordable housing for Aboriginal people living off-reserve and to meet long-term Aboriginal housing needs.

In addition, the Province provided mortgage financing of $506,659. The City of Williams Lake provided development cost relief of $57,453 and Cariboo Friendship Society provided land equity estimated at $98,545.

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