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

Share
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.

Share

Advertisement

Related Posts

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.

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.

USA tariff hike won't stop India from becoming top steel exporter
India does not want to "retaliate" like China against the US , as the latter was considered to be a "valuable strategic partner". However, the Indian government has requested the U.S.to exempt it from the hefty tariffs on steel and aluminum imports.

A$AP Rocky feat. Moby - 'A$AP Forever'
Rather than utilizing a typical stage setup, the camera panned over Rocky laying in a bed while wearing a hazmat jumpsuit. For the second part of the medley, he performed a noise-heavy new song called " Distorted Records ".

Four staff members killed in attack at Turkish university
Gonen said the assailant entered the university's education faculty with a gun and shot the four university staff members. The motive for the attack was not immediately known.

Nicole Kidman shares picture of Meryl Streep joining Big Little Lies cast
Kidman informed fans it was the first day on sets with Streep and her boys. " #BigLittleLies ", she captioned the pic. Mary arrives in Monterey concerned for the well-being of her grandchildren following the events of the first season.

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.

Active Stocks in Review: Rite Aid Corporation (RAD), McDermott International Inc. (MDR)
The stock has settled -3.74%, since the beginning of the year when measuring the initial price as compared to the finishing price. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

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.

Amy Schumer Ditches Interview On Sinclair-Owned Station
Schumer's politics are no great secret - she supported Hillary Clinton and has been a vocal critic of the NRA and President Trump. Sinclair executive Scott Livingstone defended the move.

© 2015 ExpressNewsline. All Rights reserved.