Development of a four-storey housing complex offering 40 affordable rental homes at 571 Shaw Road
$15m funding announced for more BC housing supply
Ephraim Vecina
other
A new affordable housing complex is set to arise in Gibsons, BC
Federal and provincial governments have announced an investment of over $15 million to construct a new tranche of affordable rental homes in Gibsons, British Columbia.
The funding, which will go towards the development of a four-storey housing complex offering 40 affordable rental homes at 571 Shaw Road, is a joint effort between the government of Canada (through Canada Mortgage and Housing Corporation), the BC government (through BC Housing), the Gibsons municipal government, and the Sunshine Coast Affordable Housing Society (SCAHS).
“The homes include a mix of bachelor, one-, two- and three-bedroom units, with nine units completely accessible and the remaining 31 adaptable to suit individual needs,” CMHC said.
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“This project goes back eight years to when [Gibsons] council partnered with an earlier incarnation of the Housing Society to identify town land for affordable housing,” said Mayor Silas White. “We are grateful to the Society for their perseverance, and to BC Housing and the federal government for making this vision happen. These units will make a significant impact on our community.”
The Sunshine Coast Affordable Housing Society will own and operate the project. Construction is slated for completion by fall 2023.
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