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The City of Kelowna is getting some more affordable family housing.
According to the province, eighty new affordable homes are now available for middle-income families and individuals. Located at 726 Clement Avenue, the six-story building provides one and two-bedroom households for residents with an average income between $52,000 and $71,0000.
"Years of inaction on the housing crisis by the previous government meant people had been left behind, even people with middle incomes, like teachers, nurses and small business owners, who have struggled to find an affordable place to call home," said Selina Robinson, Minister of Municipal Affairs and Housing. "Through partnerships, we are building safe, secure homes in Kelowna and elsewhere in the Province, so people can find affordable housing in their community, close to loved ones, work and the services they count on."
Construction on the homes is expected to be complete by December 2020.
"Providing a variety of options across the housing spectrum is essential to meeting the needs of all Kelowna residents," said Colin Basran, mayor, City of Kelowna. "As more of the population relies on rental housing, purpose-built rental housing in Kelowna will only become more important so residents have access to attainable and affordable housing."
Monthly rent for these homes is $1,300 a month for the one-bedroom unit and $1,780 for the two-bedroom.
For more on the announcement, click here.
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