The B.C. government has announced 170 affordable rental homes are being built in Sooke to provide housing for Indigenous peoples, people with low to moderate incomes and people with disabilities.
Approximately $13.5 million is being contributed to the project between the provincial and federal governments, the Capital Regional District (CRD) and M’akola Housing Society and the project is being carried out through the Regional Housing First Program.
“This project is another example of how we’re working with our partners to provide safe and affordable homes for people in every corner of the province,” said David Eby, B.C.’s Attorney General and Minister Responsible for Housing in a press release Friday. “These new homes will boost the supply of affordable housing options in Sooke and will provide more people and families the homes and support they need.”
The homes will be located at 2075 Drennan Street and 6418 Sooke Road with combined lots including an apartment building and homes with studio, one-, two-, and three-bedroom homes.
The province will be purchasing 29 units as a part of its funding contribution. They say this is to reserve the units and rent them to people with low incomes at a shelter rate.
The remaining 141 units will be owned by the society while all 170 units will be operated by the society.
“Our government is committed to making life more affordable and building a strong recovery for everyone in B.C.,” said B.C. Premier John Horgan in the press release. “This new project will provide a wide range of housing options with more affordable monthly rents. We’ll continue to work with our federal and community partners to build more affordable homes like these in Sooke and throughout British Columbia.”
The Regional Housing First program will result in an investment of $120 million.
It aims to bring 2,000 units of affordable housing, including 400 units to address homelessness on Vancouver Island.
READ MORE: Over 50 affordable homes being developed in Central Saanich
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