The BC government has just announced a new 152-unit mixed-income housing project in View Royal.
These units will be divided into two six-storey wood-frame buildings located at 1938 West Park Lane near Thetis Lake.
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“West Park Lane’s innovative mixed-market approach and unique funding partnership brings all levels of government to the table,” said Jean-Yves Duclos, federal Minister of Families, Children and Social Development and Minister Responsible for CMH.
“Through the National Housing Strategy, we are making historic investments in View Royal and across the country to help middle-class Canadians in communities hit hardest by housing challenges. Soon, people from all walks of life will have a safe and affordable home here, and I look forward to celebrating this project opening its doors in the near future.”
The project will be divided into a minimum of 44 affordable homes, 74 near-market-price homes, and 34 shelter-rate homes rented at the provincial income assistance rate of $375/month.
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Amenities will include laundry, a playground, bicycle storage, electric bike plug-ins, and an electric car charger, and the building will be operated by the Capital Region Housing Corporation.
It will be funded through the Regional Housing First Program in a partnership between the federal and provincial governments, and the Capital Regional District (CRD).
Construction is expected to start in October 2019, with an anticipated opening date of September 2021.