Sold-off council homes bought back to ease the housing crisis

Sold-off council homes bought back to ease the housing crisis

"As with the rest of the province, Vernon is struggling with an alarmingly low vacancy rate".

Housing Minister Selina Robinson speaks with Vernon Mayor Akbal Mund and Martin Gardner, director of operations with the Vancouver Resource Society.

Pamela Humphries, housing development manager with the council, said: "There is a huge demand for affordable housing across North Lanarkshire and it's vital we look at different ways of increasing the supply of homes to help meet this need".

The province announced it will be spending approximately $23 million to purchase three properties and develop the new apartment building.

Two current apartment buildings, located at 3800 and 3802 27 Ave., will remain and receive fire safety upgrades and other improvements. Roughly six of these units will be accessible for people with disabilities.

"We considered many good possibilities, but when board member Lynnda Moore suggested Slocan City Suites, well, we thought about it and it put a smile on our faces", said Rita Moir, president of the Slocan Valley Seniors' Housing Society.

Community Housing Aotearoa (CHA) has endorsed the United Nation's report into affordable housing shortages in New Zealand, backing a human rights-based approach to housing strategy.

According to CHA chief executive Scott Figenshow, the government now needs to stop relying purely on its own departments to produce a housing strategy and to involve all parts of the community.

The Vancouver Resource Society (VRS), a non-profit society that partners with B.C. Housing and their own internal program, Seniors Affordable Living Initiative, to provide seniors on a fixed income a quality place to live, will operate the two existing apartment buildings, and co-own and oversee the development of the new building.

Construction is expected to begin in the coming months. The first quadraplex, with two one-bedroom units with lofts, and two two-bedroom units, is being sided and soon interior drywall will be up. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw. We won't censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles.



Related Posts

Following the Numbers: Technical Watch on Shares of General Dynamics Corp (GD)
The stock price value Change from Open was at 1.58% with a Gap of -2.35%. 290 increased stakes while 108 funds amassed stakes. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.38 by $0.10.

HBK Sorce Advisory LLC Has $519000 Holdings in Ulta Beauty (ULTA)
Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 15th. (NASDAQ: ULTA ) for 362,115 shares. Among 29 analysts covering Ulta Salon Cosmetics & Fragrance Inc (NASDAQ:ULTA), 17 have Buy rating, 0 Sell and 12 Hold.

Stocks on Traders Radar: Arena Pharmaceuticals, Inc. (ARNA), SeaWorld Entertainment, Inc. (SEAS)
Outperform is an analyst recommendation which means that a stock is expected to do slightly better than the market return. To measure up a particular stock trading system, it includes a key role of investment market called "Stock Analysis".

(KR) Reduced to Sell at Vetr Inc
The stock of, Inc. (NYSE:KR) that has shown a discernible change in trend levels over the path of recent market activity. Looking further, the Forward P/E ratio for SCS is 12.06 and The Kroger Co .KR is 10.48. (NYSE:KR) rating on Monday, September 11.

Drastic drop in plastic bags found in sea following 5p charge
A change in the composition of plastic bags, which may speed up the rate at which they decompose, could also be another factor. The 5p charge for plastic bags in the United Kingdom has led to a large drop in the number of bags being found on the seabed.

Analyst Earnings Predictions Coverage: Celestica Inc. (CLS)
The current analyst rating on shares of BP Plc (BP ) is 3.6153846153846. (NYSE:NKE) rating on Wednesday, September 28. Beacon Securities reiterated a "buy" rating on shares of Celestica in a research report on Monday, January 29th.

Philippines Index MSCI Ishares (EPHE) Showing Negative Momentum in the Technicals
MSCI Inc . (NYSE: MSCI ) touched its 1-Year High price of $159.98 on 03/27/18 and its 1-Year Low price of $ 95.01 on 04/11/17. Going move backward a period of six month analysis we come to know that stock soared 25.41% giving rising alert for Investors.

J&J Hit With $37M Asbestos Talc Verdict In NJ
J&J spokesperson Carol Goodrich told CVN the company is disappointed with the verdict. A third J&J talc/mesothelioma trial is scheduled to begin in May in SC state court.

Somewhat Favorable News Coverage Somewhat Unlikely to Impact ServiceNow (NOW) Stock Price
It fall, as 68 investors sold WMT shares while 541 reduced holdings. 125 funds opened positions while 589 raised stakes. Following the sale, the director now owns 240,000 shares of the company's stock, valued at approximately $32,488,800.

First mention of Pixel 3 appears in AOSP early on
There could also be an increase in the memory in terms of RAM, where the Pixel 2 and Pixel 2 XL featured 4GB and 6GB of RAM. In addition, another report reveals that the mid-ranged Pixel device will run Android Go out-of-the-box.

© 2015 ExpressNewsline. All Rights reserved.