Quote:
Originally Posted by Changing City
"This 29-storey rental building will be delivered and operated by BC Indigenous Housing Society (BCIHS) and comprises 299 social housing units. 112 of the units are geared to families." ( CoV)
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And from their website (
https://www.bcihs.ca/news-1/national-day-for-truth-and-reconciliation-yxyzm-8w6t7)
"Housing Breakdown:
- 🛏️ 20% of units at shelter rates ($500-$1,140, based on family size)
- 🛏️ 50% of units at subsidized rents for incomes at or below the B.C. Housing threshold
- 🛏️ The remaining units at below-market rates to ensure more affordable options in the area
This initiative is part of a transformative land transfer agreement, aiming to foster inclusive communities right in the heart of the city. Stay tuned for more updates as we build a future where everyone has a place to call home. "