New affordable homes coming to Cranbrook
People with low incomes soon will have more access to affordable homes in Cranbrook with construction underway on a 20-unit rental housing project in the community.
Located at 126 and 130 21st Ave. South, the four-storey apartment building is a redevelopment of a BC Housing-owned property and will provide one- and two-bedroom units for individuals, seniors and families. Three units will be available for people with disabilities. Monthly rents for the 20 homes are projected to range from $375 to $674.
The project is located close to many amenities and services, including Laurie Middle school, Balment Park and the East Kootenay Regional Hospital.
“We are very pleased that the province has recognized the need for affordable housing in Cranbrook and has provided funding for these much-needed units,” said City of Cranbrook Mayor Lee Pratt. “Once completed, they will be appreciated by the occupants and their families, providing a very affordable and safe place for them to live. This is a great fit for our strategic plan on the housing requirements for our city.”
“We know there’s an urgent need for more affordable homes in communities in every corner of the province,” said David Eby, Attorney General and Minister Responsible for Housing. “These new homes will give people a safe, clean and modern place they can afford, another example of how our government is putting people first.”
After construction, the development will continue to be operated by BC Housing. Residents are expected to move into the building in early 2022.
Including these homes, the province is working in partnership to build 155 affordable homes in Cranbrook, with Building BC: Indigenous Housing Fund’s 39 affordable rental homes for Indigenous peoples and 96 beds of student housing at College of the Rockies.