Kaslo Lands BC Housing Affordable Rental Homes

kaslo

Kaslo has landed the communities first ever BC Housing funded development with construction of 10 new affordable rental homes now underway.

Pennylane Apartments at 334 A Avenue in Kaslo will have three stories and a mix of studio one, two and three-bedroom units expected to range from $375 to $1600 monthly rent. Units are for families with low and moderate incomes, seniors and those with disabilities.

Mayor Suzan Hewat says a different piece of land had been set aside for the project for 20 years:

“Between themselves (The Kaslo Housing Society) and council and our staff we determined that this piece of land behind the Kemball would be a great location because it’s full serviced, it’s in the downtown core so it’s walkable….”

Mayor Suzan Hewat says all you have to do to get a taste of Kaslo's housing struggles is look online:

“…. There are posts about people needing housing and perhaps the home that they’ve been living in has sold so they need to find alternate housing and there just doesn’t seem to be stock available….”

Hewat hopes this is the start of a healthy partnership with BC Housing:

“Once we’ve got this project successfully completed that they (BC Housing) will see that it can be done in a smaller community and I realize that they’re doing one in New Denver at the same time. So that has been a huge win for our region….”

The Kaslo Housing Society is committing $50,000 and aims to fundraise even more. The Province is providing just over one-million dollars, plus roughly $93,000 in annual operating funding. The Columbia Basin Trust is providing a $228,000 grant plus additional funds to support renewable solar-energy generation and fibre internet connection.

The building should be ready for residents in June of next year.