Shuswap community purchases property for affordable housing project

Concept of the proposed Sicamous development was shown to the public in 2018

The District of Sicamous has purchased property within the community to support an affordable housing project.

On Thursday, Feb. 6, the district announced an offer to purchase property at 462/466 Finlayson Street had been accepted. The deep lot is adjacent to Eagle River Secondary and backs onto the Trans-Canada Highway.

It will be the site of a 36-unit affordable housing complex, developed in partnership with the Eagle Valley Senior Citizens Housing Society. Once the purchase of the land is finalized, the project will be funded by grants from BC Housing and the National Housing Strategy.

Read More: Proposed marine rescue station on Shuswap Lake could serve as classroom

Read More: Two Grade 7-9 middle schools among options considered for Salmon Arm and area

The final sale of the property is conditional on the inclusion of the purchase in the district’s 2020 financial plan and approval from a judge because the property was up for a court-ordered sale.

The affordable housing project was unveiled in the summer of 2018 when the district and the housing society partnered on a BC Housing grant application for up to $100,000 per unit for housing construction. The grant, totalling $3.6 million, was approved in late 2018.

The concept shown to the public in 2018 featured both small, free-standing homes and townhouse-style multi-unit buildings. Other noticeable features were centralized parking centralized and a public building in the centre that would act as a gathering place for residents.

The units in the preliminary plan ranged from 650 to 1,050 square feet. The senior citizens’ housing society has expanded their mandate to provide housing for people other than seniors and will manage the affordable development.

Rhona Martin, president of the Eagle Valley Senior Citizens Housing Society, said they are excited to see the project progressing and the society board, particularly its newer members, are happy to be involved with it. Martin said they are hopeful the land deal will go through as planned and the project can proceed from there.

“Housing really a struggle at this point in time and this project is going to provide some seniors’ housing, some housing for people with disabilities and some low-income housing so it will be a nice mix,” she said.

The purchase of the property will be paid for using short-term financing through the Municipal Finance Authority of BC. The sale will be final 30 days after court approval is received.

Read More: Shuswap windstorm a reminder to clear trees from hydro lines

Read More: Flight from Wuhan takes off for Canada

Like us on Facebook and follow us on Twitter

affordable housing

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Interior Health leading the way with innovative therapy for stroke patients

Percentage of ischemic stroke patients who received treatment has risen dramatically

Neskonlith chief lays blame for ongoing protests at feet of Justin Trudeau

Secwepemc leader hopes others will follow CP’s lead in asking prime minister to talk to Wet’suwet’en

Human rights complaint against Shuswap grocer dismissed

Janet Letendre, a Seventh-Day Adventist, was scheduled to work on her Sabbath

Salmon Arm Silverbacks bound for playoff showdown versus Victoria Grizzlies

Shuswap team tohave home-ice advantage to start the series

Salmon Arm man arrested after damaged safe found in truck

Forty year old facing charges of break and enter, possession of stolen property

VIDEO: Minister says consider coronavirus outbreak when planning for spring break

Foreign Affairs minister points to rash of new cases appearing in places like Italy and Iran

Donations pour in for family who lost father, son in fatal crash on B.C. highway

Mike Cochlin and sons Liam and Quinn were travelling on Highway 5A

Beer and burgers to raise cash for Vernon man fighting cancer

Fundraiser hosted in honour of Garnet the Great to send him to special treatment centre

HERGOTT: Idiocy of distracted driving

Paul Hergott is a personal injury lawyer based in West Kelowna

Kelowna man arrested after all-night crime spree

Shawn Bell, 33, is facing seven charges for incidents committed within a 24-hour span

Hollywood actor Chris Pratt shows Kamloops love on social media

The filming of Jurassic World 3 is underway in Merritt and area

B.C. man who pulled a gun on off-duty cop gets two years in prison

Encounter also led police to a home where 100 guns and explosives were found

Flip-flopping pleas in Surrey woman’s 2018 murder in West Kelowna

Following an shocking guilty plea on Feb. 25, Tejwant Danjou applied to retract that plea on Feb. 26

Most Read