WhatB次元官网网址檚 hailed as the largest affordable housing project in SookeB次元官网网址檚 history officially opened its doors Monday morning (April 29).
Indigenous individuals and families living in Sooke will now have access to 170 below market homes at 2075 Drennan St.
B次元官网网址淭he availability of Indigenous affordable housing is crucial for the well-being of families and communities as it provides a sense of security and stability, which is essential for people and communities to thrive,B次元官网网址� said Kevin Albers, chief executive officer for MB次元官网网址檃kola Housing at a press conference.
The development consists of two identical five-storey wood-frame buildings that include a mix of one, two and three-bedroom homes, with 34 of those reserved for people with B次元官网网址渧eryB次元官网网址� low incomes that will be rented at the shelter rate of $500 a month.
Albers called the project a testament to the power of the partnerships and collaboration between the provincial government, B.C. Housing, Canada Mortgage and Housing Corporation, the Capital Regional District, the District of Sooke, MB次元官网网址檃kola Housing Society and MB次元官网网址檃kola Development Services.
Langford-Juan de Fuca MLA Ravi Parmar said the completion of the project is another example of the provincial governmentB次元官网网址檚 commitment to address the need for more affordable housing while families struggle with the impact of inflation and rising interest rates.
B次元官网网址淭hese 170 new homes for people represent the largest expansion of affordable housing in the District of SookeB次元官网网址檚 history,B次元官网网址� Parmar said. B次元官网网址淏y giving people affordable housing options in their communities, near their families and their culture, weB次元官网网址檙e creating a more inclusive, supportive place to live.B次元官网网址�
Parmar and Albers spoke about the historical and cultural connections the TB次元官网网址橲ou-ke Nation share with the property, and thanked the nationB次元官网网址檚 members for their support and assistance throughout the project.
In an interview with the Sooke B次元官网网址 Mirror, Albers explained that the rise in interest rates was the sole reason the opening was delayed after construction was completed.
B次元官网网址淭he maximum rents stipulated for the housing program had been set, so that conflicted with what the mortgage payments would be,B次元官网网址� he said. B次元官网网址淭hat set us back a few months.B次元官网网址�
The $57.9 million-project is part of a $19-billion housing investment by the B.C. government. Since 2017, 78,000 new homes that have been delivered or are underway, including more than 275 affordable homes in Sooke.
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