The City of Victoria will be involved in three out of five major affordable housing projects supported by provincial funding.
The province recently announced $492 million will be invested in 42 communities across B.C. to create 4,900 mixed-income rental homes. Of those units, 588 will be in Victoria.
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B次元官网网址淲eB次元官网网址檙e deeply, deeply grateful. This is a huge priority for our residents, for our citizens, for our business community,B次元官网网址� said Victoria Mayor Lisa Helps.
The City has been involved in acquiring land for three of the projects, including two which were done in partnership with School District 61. These sites include above the new Victoria Fire Hall between Johnson and Yates streets, the land at the former Burnside School and the Capital Region Housing CorporationB次元官网网址檚 Caledonia complex.
The other two sites are privately owned properties.
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With the funding rolling in, the City will take on two roles: contributing the land and regulating the property.
Helps noted that all future buildings must still go through the same zoning applications as any other development, but that they will be prioritized.
B次元官网网址淲e do expedite all affordable housing projects, so we do expect to see them moved quite quickly,B次元官网网址� she said, noting that any scheduling for the projects are up to the developers.
B次元官网网址淚 would say itB次元官网网址檚 a good start, but thereB次元官网网址檚 more to do,B次元官网网址� Helps said. B次元官网网址淭he 588 units will certainly make a dent but thereB次元官网网址檚 still much more work to do, we need many more units.B次元官网网址�
There will also be 85 units built in Saanich, 80 in Langford and 161 Esquimalt.
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