Penticton welcomes new affordable apartments
The City of Penticton is cutting the ribbon on a new affordable housing facility.
In partnership with the BC Government and the Penticton and District Society for Community Living, the city is welcoming 40 new affordable homes for families and individuals with moderate incomes.
"Welcoming families into their new homes is what we are all working towards," said Selina Robinson, Minister of Municipal Affairs and Housing. "Thanks to our partners here in Penticton and in communities throughout the province, thousands of people are benefiting from safe, secure and affordable housing."
Backstreet Apartments is a new four-storey apartment building that features 40 units, including three accessible family units. Rents are based on household income and range from $650-per-month for a one-bedroom unit to $1,450 for a two-bedroom unit.
"Today marks another step forward in supplying affordable housing for our residents," said John Vassilaki, mayor of Penticton. "I am pleased to see this project completed and these new units made available, including the multi-room units specifically designed to meet the needs of families, an area of our affordable housing market that remains underserved."
Penticton and District Society for Community Living will operate the building that includes amenity space, under-building parking, including scooter parking with charging stations, bicycle storage, an elevator, a playground on-site and two retail commercial units.
People will begin moving into their new homes this month.