Forty new affordable homes have been completed in Penticton as part of a three-way partnership.
The homes are for individuals and families with moderate incomes and range from a one-bedroom apartment with a monthly rent of $650 through to a two bedroom unit at $1,450.
The development, at 259 Blackstreet Blvd., have been provided through a partnership between the Province, the City of Penticton and the Penticton and District Society for Community Living (PDSCL).
“Welcoming families into their new homes is what we are all working towards,” said Selina Robinson, Minister of Municipal Affairs and Housing. “Thanks to our partners here in Penticton and in communities throughout the province, thousands of people are benefiting from safe, secure and affordable housing.”
Penticton and District Society for Community Living will operate the building that includes amenity space, under-building parking, including scooter parking with charging stations, bicycle storage, an elevator, a playground on-site and two retail commercial units.
“PDSCL is pleased to partner, once again, with BC Housing,” said Tony Laing, CEO, Penticton and District Society for Community Living. “This project, with its affordable rents, will bring stability for families, attract workers to the downtown area and support our local economy.”
Steve Randall has more than three decades of media experience encompassing online, newspapers, magazines, radio, and podcasts. He focuses on insights and news for professionals in finance, real estate, and legal services. Steve writes for multiple Key Media titles in Canada, United States, Australia, and New Zealand.
