New affordable housing option opens in Nanaimo offering 74 units

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New affordable housing option opens in Nanaimo offering 74 units
France Dernières Nouvelles,France Actualités
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Located at 2020 Estevan Rd., the site is located near a grocery store and is only a few blocks away from the BC Ferries terminal.

Located at 2020 Estevan Rd., the apartment building is located near a grocery store and is only a few blocks away from the BC Ferries terminal.Made up of 74 units, the apartment building provides affordable housing for seniors, people with disabilities and those living on low to moderate incomes.

“Affordable rental housing like this is essential in the midst of a housing crisis, with the cost of living going up,” said Ravi Kahlon, Minister of Housing. “Housing like the Brechin Hill project will add to the health and well-being of individuals and families in Nanaimo and is part of ourSituated at the site of the rebuilt Brechin United Church, the apartment building is made up of studio, one, two and three-bedroom residences. The church itself is located on the ground floor.

Of the 74 units, 36 of those were set aside to provide rent that is geared towards tenant’s income, most of which will be one-bedroom units. Eight of the units on site are for those with very low incomes. Pets are allowed, and the site will have a live-in manager. The other 38 are occupied by tenants that are paying rent at or near market rates. According to a news release from the Ministry of Housing, rent at Brechin Hill ranges from $375 to $2,295.Sign up for the CHEK Now daily email newsletter to get breaking news and the day's top stories sent to your email.The Ministry estimates the site will cost around $704,000 to operate annually. A total of $7.4 million from the province has already gone into this project.

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