Affordable homes coming to Revelstoke

Jul 28, 2022 | 11:30 AM

Resort and hospitality workers in Revelstoke will soon have more access to affordable housing.

A total of 24 new affordable rental homes are being built thanks to a partnership between the B.C. Government and B.C. Housing, Columbia Basin Trust, the City of Revelstoke and the Revelstoke Community Housing Society (RCHS).

“This new building will provide much needed housing for the vital hospitality workforce that is crucial to the community of Revelstoke,” said Katrine Conroy, MLA for Kootenay West and Minister Responsible for Columbia Basin Trust.

“Our government will continue to work with our partners to ensure people have feasible options to remain in their communities.”

The three-story apartment building will be located at 297 Humbert St.

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The building will have 24 one-bedroom homes for individuals and couples with moderate and low incomes who are working in the resort and hospitality industries.

The units will be rented at $1,150 per month, which is below the average market rate in Revelstoke.

“We are thrilled to see this investment in affordable housing in our community come to fruition,” said Revelstoke Mayor Gary Sulz.

“Council and the City of Revelstoke are proud to support these initiatives, as the ability to attract and maintain a quality workforce is imperative in a community like Revelstoke where tourism is an important economic driver. More importantly, Revelstoke is a more diverse and vibrant community when we have a variety of housing options available for our citizens.”

RCHS is selecting tenants through an application process, and the first tenants are expected to move in on September 1, 2022.

“We are delighted to see this project come to fruition,” said Glen O’Reilly, housing chairman for the RCHS.

“This building is crucial in ensuring affordable and secure housing for the residents of Revelstoke. Affordable housing not only sustains individuals but also businesses and the community as a whole. This could not have been achieved without the hard work and collaboration of many organizations and individuals.”

The province and the Columbia Basin Trust provided a combined grant of approximately $4.8-million for the project through the Columbia Basin Investment in Affordable Housing Agreement.

The City of Revelstoke is leasing the land to RCHS at a nominal rate.

by Liam Verster

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