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