CRD Regional Housing Trust Fund Assists in Funding 39 Affordable Housing Units

Oct 15, 2010

Victoria, BC - The Capital Regional District (CRD) Board today approved a $500,000 grant to be awarded by the Regional Housing Trust Fund (RHTF) to the Victoria Native Friendship Centre (VNFC) for the development and construction of 39 units of affordable family housing at the former Travellers Inn site located at 120 Gorge Rd.

The City of Victoria, who purchased the site in July 2010, has partnered with the VNFC to offer quality, low cost housing with support services to the Aboriginal community.  VNFC will enter into an operating agreement with the City of Victoria to undertake the redevelopment and operations of the facility as a low-cost residential housing project, “Siem Lelum” (Respected House).  The project will have support services covered under a funding agreement with the provincial Ministry of Children and Family Development. VNFC anticipates occupancy at March 1, 2011.

"The CRD’s contribution to this initiative assists in providing much needed affordable quality housing for families in this region.” said CRD Board Chair Geoff Young. 

Since 2005, the RHTF has contributed $3.7 million towards the preservation or construction of 322 affordable housing units worth approximately $59 million.

The Capital Region Housing Corporation (CRHC) is a non-profit provider of over 1200 rental units of affordable housing in the Capital Regional District of Victoria, BC.  The CRHC continues to expand its portfolio of affordable housing in the region and the construction of new, quality housing will help ensure that residents in the region have access to safe, affordable, accessible and appropriate housing.

For more information on the Capital Regional Housing Corporation please visit our web site.

For more information on the CRD Regional Housing Trust Fund please visit our web site.

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For further information please contact:
Andy Orr, Senior Manager, Corporate Communications
Capital Regional District
Tel: 250.360.3229
Cell: 250.216.5492