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Partnership Brings New Rental Homes to the City of NelsonColumbia Basin Trust
NELSON - A former motel site will soon make way for 47 new affordable homes for seniors, adults with disabilities and those experiencing homelessness in Nelson, thanks to a partnership between Nelson CARES Society, the Province of BC and the Columbia Basin Trust.
“One of our priorities is to help people in the Columbia Basin access affordable housing that meets their basic needs,” said Johnny Strilaeff, President and Chief Executive Officer, Columbia Basin Trust. “Through strong partnerships, this project will bring more affordable rental housing options to Nelson residents, strengthening the quality of life in the community.”
Nelson CARES Society provided the land for the project, will own and operate the building, and use office space for its Kootenay Seniors program. The Province provided $8.6 million for the project, as well as construction financing. The Trust provided a grant of $200,000 for the development of the project.
“I am very pleased that Columbia Basin Trust continues to support residents of the basin with their housing needs,” said Katrine Conroy, Minister of Children and Family Development and Minister Responsible for Columbia Basin Trust, Columbia River Treaty and Columbia Power Corporation. “Communities and agencies are able to work in partnership with the trust to access capital grants, proposal development support and funding through their housing programs to help support people so that they can stay in their communities.”
The new four-storey building, Lakeside Place, will bring 42 affordable housing units for seniors and adults with disabilities and another five units for people experiencing or at risk of homelessness.
Construction began in September 2019 and is scheduled to be completed by late 2020.
Read the full release.
Columbia Basin Trust supports the ideas and efforts of the people in the Columbia Basin. Learn more about the Trust’s work in housing at ourtrust.org/housing.
To learn more about BC Housing, visit https://www.bchousing.org/. To learn more about Nelson CARES Society, visit http://www.nelsoncares.ca.