New affordable apartments and townhomes are now open in Victoria, according to the provincial government.
The Caledonia in Victoria adds 158 new affordable homes.
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Residents started moving into Caledonia in March.
Located at 1211 Gladstone Avenue, it includes 97 apartments and 61 townhomes. More than half of the homes have two, three or four bedrooms, helping meet the need for larger rental homes for families.
The area has a large, landscaped area, rain gardens, and spaces for urban gardening.
There is also an outdoor playground and 1,450-square-foot amenity space.
Another 320 affordable, family focused rentals are in the process of being built within Saanich and Central Saanich.
Verdier, located at 1183 Verdier Avenue in Central Saanich, will provide 110 rental homes for people with low and moderate incomes in Brentwood Bay. More than half of the homes will have two or more bedrooms. The building will also include a childcare space for up to 16 children on the ground floor. The project is expected to be completed in 2028.
Cedar Hill Library and Affordable Housing, located at 3950 Cedar Hill Road in Saanich, is a mixed-use project and will include a new, 29,315-square-foot public library on the ground floor, along with two residential towers providing 210 rental homes. Nearly half of the rental homes will have two or more bedrooms. The project is expected to be completed in 2030.
The new homes are all being built through the Community Housing Fund (CHF) and in partnership with Capital Region Housing Corporation, which will own and operate the homes.
“People need more affordable housing options, and that’s exactly what we’re delivering through our Community Housing Fund,” said Christine Boyle, minister of housing and municipal affairs. “These homes are built through strong partnerships and give people more choice and stability. They help families, seniors and individuals stay close to work, school and the communities they’re part of.”
These projects are part of a $19-billion housing investment by the B.C. government.
Under the CHF program, most rents for these homes are set at no more than 30 per cent of a household’s income, helping people keep housing costs affordable.
“Caledonia is a shining example of what we can achieve through collaboration with local and provincial partners, creating much-needed housing opportunities in our region,” said Zac de Vries, chair, Capital Region Housing Corporation. “Together, we delivered 158 safe, quality homes, turning housing insecurity into hope for individuals and families in Victoria. We are also excited to have 320 more homes on the way through the Verdier and Cedar Hill affordable housing projects.”