MLA Russell says new, affordable rentals coming to Osoyoos

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OSOYOOS – NDP MLA Roly Russell says 43 new, affordable rental homes are coming to Osoyoos for people with low to moderate incomes.

“It’s great to see the Osoyoos Indian Band moving forward with this work to ensure community members have a place to call home.  Partnerships like this with the province are hopeful, and I look forward to seeing how we can help people across the South Okanagan, Similkameen and Boundary continue to tackle housing challenges to be sure people are safe and comfortable.

The Wolf Creek Society will be building 43 new units on 45th St. for elders, families and single individuals.

Provided by the Building BC: Community Housing Fund, these new affordable rental homes are part of 47 new projects, which will deliver more than 2,400 new homes across the province.

A total of 47 new projects have been selected through this second intake of the Building BC: Community Housing Fund (CHF). The intake will provide approximately 2,455 rental homes for individuals, families, seniors, people with disabilities and Indigenous peoples throughout the province. More than 1,000 of the new homes will be for Indigenous individuals, families and Elders.

These projects have 50% of units for households with incomes up to $64,000, 30% of units for households with incomes up to approximately $74,000, and 20% of units for households with very low incomes (including those on income or disability assistance).

The Community Housing Fund is part of the BC NDP government’s 10-year $7-billion housing plan. It is an investment of $1.9 billion to build more than 14,000 affordable rental homes for moderate- and low-income families and individuals. Three and a half years in, more than 8,600 of these homes are already open, under construction or in development.

Learn More:

2,400 new affordable rental homes on the way in B.C.: https://news.gov.bc.ca/releases/2021AG0084-001085

A map showing the location of all announced provincially funded housing projects in B.C. is available online: https://www.bchousing.org/homes-for-BC

To learn about the steps the Province is taking to tackle the housing crisis and deliver affordable homes for British Columbians, visit: https://workingforyou.gov.bc.ca/