The drawings of Pacifica Housing's Helios redevelopment in Colwood, where 12 aging townhomes will be replaced with 82 units. Photo courtesy Pacifica Housing.

The drawings of Pacifica Housing’s Helios redevelopment in Colwood, where 12 aging townhomes will be replaced with 82 units. Photo courtesy Pacifica Housing.

A dozen ageing townhouses will be replaced with 82 rental homes for families, seniors and people with disabilities in Colwood, after an announcement from the province Friday morning.

In a partnership with Pacifica Housing and the city, the rentals are for low-to-moderate income households in the Colwood Lakes neighbourhood in the 2000-block of Sooke Road near the downtown core.

The new building is expected to be completed in the summer of 2019 and the province is providing $8.4 million in capital funding and $10.2 million for construction.

Colwood is contributing $328,000 through the city’s affordable housing reserve fund and Pacifica Housing is providing the land that is valued at $4 million.

Homes will have varying sizes from studios to three-bedroom units and rent is projected to be between $825 and $1,575 per month.

Pacifica Housing will operate the complex.

Andy Neal