Nearly 70 new affordable homes open in Quesnel

Courtesy of the Government of BC:

People with low to moderate incomes, including Indigenous peoples, seniors and families, now have access to 68 new rental homes with the opening of two affordable housing projects in Quesnel.

On July 25, 2019, community partners celebrated the official opening of both projects, which began welcoming tenants earlier this year.

Located at 424 McLean St., Dakelh & Quesnel Community Housing Society’s new development provides 38 units, including 11 accessible units for Indigenous Elders, as well as seniors and families. The four-storey building is comprised of studios and one- and two-bedroom units. Monthly rents range from $375 for a studio unit to $950 for a two-bedroom unit.

Seniors in the community are also benefiting from new affordable rental homes at 255 McNaughton Ave. Quesnel Lions Housing Society is operating the four-storey building, which features 30 one-bedroom units designed and built to adaptable and accessible standards. Monthly rent is $575.

Quick Facts:

• Funding for 424 McLean St.:
  • The Government of Canada, through CMHC, and the Government of British Columbia, through BC Housing, jointly contributed approximately $1.6 million under the Social Infrastructure Fund. CMHC also provided $25,000 in seed funding.
  • The Province also provided a $5.5 million grant. 
  • The City of Quesnel provided municipal waivers in the amount of approximately $47,000.
  • The society provided $540,000 and the land valued at approximately $165,000.
• Funding for 255 McNaughton Ave.:
  • The Government of Canada, through CMHC, and the Government of British Columbia, through BC Housing, jointly contributed approximately $307,000 under the Social Infrastructure Fund.
  • The Province also provided a $4.8 million grant, as well as interim construction financing of $1.6 million.
• The Government of Canada is currently rolling out its National Housing Strategy, a 10-year, $55-billion plan that will create 100,000 new housing units and lift 530,000 families out of housing need as well as repair and renew more than 300,000 housing units and reduce chronic homelessness by 50%.
• To address the issue of housing affordability for British Columbians, the Government of B.C. is curbing speculation in the province’s housing market and building 114,000 affordable market rental, non-profit, supported social housing and owner-purchase housing through partnerships.

Learn More:

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, visit: https://www.cmhc-schl.gc.ca/

To find out more about the National Housing Strategy, visit: www.placetocallhome.ca

To find out what the Province is doing to improve housing affordability, visit: https://news.gov.bc.ca/factsheets/bc-government-addressing-housing-affordability-challenges

A map showing the location of all announced provincially funded housing projects in B.C. is available online: https://www.bchousing.org/homes-for-BC