Twenty new homes are on the way for families, seniors and people in need of affordable housing in Cranbrook, where the rental vacancy rate is near one per cent, the provincial government announced last week.

“These homes will help support the community’s health by providing families and seniors with safe, secure housing to grow and prosper,” said Selina Robinson, Minister of Municipal Affairs and Housing. “Working with partners, we’re delivering affordable housing in all corners of the province, and I’m excited to see these homes getting underway in Cranbrook.”

Located at 126 and 130 – 21st Avenue South, the apartment building will be a redevelopment of a BC Housing-owned property and will provide affordable housing for low- to moderate-income individuals, families and seniors. Four units will be available for people with disabilities.

“On behalf of our community and council, we’re pleased to welcome these affordable homes for families and seniors in Cranbrook,” said City of Cranbrook Mayor Lee Pratt. “We’re proud to work with the Province and our community partners to help support our residents with important housing projects like this one.”

The project is in the design development stage, with construction anticipated to start by spring 2020. After construction, the development will continue to be operated by BC Housing.

Rents for this project will be geared to income, which means people will pay approximately 30% of their gross household income.

Including these homes, the province is working in partnership to build 155 affordable homes in Cranbrook. Affordable Rental Housing program: 20 affordable rental homes for low- to moderate-income individuals, families and seniors; Building BC – Indigenous Housing Fund, 39 affordable rental homes for Indigenous peoples; and Student housing – 96 beds (College of the Rockies).

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