Province and Feds Kick In Cash for Senior Rental Housing Units
By 250 News
Preparations to pour the footings for the new seniors' rental housing units on Dagg Road are underway
Prince George, B.C.- The construction of 30 rental housing units for seniors in Prince George, was one of the more than 32 projects announced by Federal and Provincial representatives.
The construction of the 30 units on Dagg Road, behind the Hart Pioneer Centre has already started, and is valued at more than $5.3 million dollars with the Federal and Provincial Governments contributing $4.7 million of that total.
In all, the federal and provincial governments are contributing a combined total of over $62 million for more than 400 Seniors' Rental Housing (SRH) apartments in British Columbia.
Municipalities and community partners contributed a total of approximately $6.2 million to the SRH developments through a combination of property tax exemptions, waived developmental costs charges, land equity and/or capital cost contributions to support their local SRH developments.
The Seniors’ Rental Housing units under construction in Prince George will be managed by the Hart Pioneer Centre.
Other projects in the central and northern regions include:
100 Mile House
- Number of Units: 8
- Development Name/Operator: Pioneer Haven Federal-provincial
- Contribution: $1.46M
Mackenzie
- Number of Units: 8
- Development Name/Operator: Autumn Lodge
- Federal-provincial Contribution: $1.56M
Tumbler Ridge
- Number of Units: 12
- Development Name/Operator: BC Housing
- Federal-provincial Contribution: $2.28M
Fort St. John
- Number of Units: 8
- Development Name/Operator: Heritage Manor 3
- Federal-provincial Contribution: $1.54M
Taylor
- Number of Units: 8
- Development Name/Operator: BC Housing
- Federal-provincial Contribution: $1.54M
Fort Nelson
- Number of Units: 6
- Development Name/Operator: BC Housing
- Federal-provincial Contribution: $1.33M
McBride
- Number of Units: 10
- Development Name/Operator: Beaverview Lodge
- Federal-provincial Contribution: $1.63M
Valemount
- Number of Units: 10
- Development Name/Operator: Golden Years
- Federal-provincial Contribution: $1.48M
Telkwa
- Number of Units: 8
- Application process underway
- Federal-provincial Contribution: $1.35M
New Hazelton
- Number of Units: 10
- Development Name/Operator: Roche View Lodge Society
- Federal-provincial Contribution: $1.62M
Terrace
- Number of Units: 24
- Development Name/Operator: BC Housing
- Federal-provincial Contribution: $3.79M
Prince Rupert
- Number of Units: 10
- Development Name/Operator: BC Housing
- Federal-provincial Contribution: $1.6M
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Anyone know what the rental rates will be?
I assume it will be based on income?