A major tourism association is praising the City of Victoria for pushing new housing for hospitality workers in an expensive city.

On Thursday, the city approved the Greater Victoria Housing SocietyB次元官网网址檚 request for $2.5 million from the Victoria Housing Reserve Fund to assist with the construction of a 40-unit affordable workforce housing project at 2558 Quadra St.

The move was applauded by Destination Greater Victoria because it addresses B次元官网网址渢he critical issue of suitable and affordable housing for hotel and hospitality workers in the region.B次元官网网址�

B次元官网网址淭his decision demonstrates our commitment to the well-being of those who make Greater Victoria a sought-after destination,B次元官网网址� said Paul Nursey, Destination Greater Victoria CEO. B次元官网网址淲e are proud to be part of this collaborative effort that will not only provide much-needed housing but also enhance the overall quality of life for our dedicated hotel and hospitality workers.B次元官网网址�

This decision is in accordance with DGVB次元官网网址檚 2022-2026 contract with the City of Victoria to allocate Online Accommodation Platform (OAP) Municipal Regional District Tax (MRDT) revenue for affordable housing purposes.

Since 2018, funds collected from OAP MRDT have been placed in the City of Victoria Housing Reserve Fund, specifically earmarked for the creation of affordable workforce housing for hotel and hospitality workers. The OAP MRDT related to affordable housing is part of the BC Provincial Sales Tax Legislation and operates under a provincial regulatory framework co-managed by Destination BC and The Ministry of Finance.

DGV is the official destination management organization for the region. While workforce housing development isnB次元官网网址檛 core to DGVB次元官网网址檚 work, DGV and its partners can contribute to addressing the issue of workforce housing, the group said in a statement.

B次元官网网址淭he pressing need for affordable housing has been a long-standing concern in Greater Victoria, particularly for the hardworking individuals who power the local hotel and hospitality industry,B次元官网网址� reads a DGV statement. B次元官网网址淭he lack of affordable housing options not only poses significant challenges for workers but also impacts the overall operations of many businesses within the sector.B次元官网网址�

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