The Capital Regional District (CRD) is acquiring a 51-unit affordable housing building at 1909 Prosser Road in Central Saanich which will be leased to the Capital Region Housing Corporation (CRHC). The building will be operated by CRHC and will include 41 units for tenants with low to moderate incomes. Ten units will be rented at provincial income assistance rates under the Regional Housing First Program (RHFP). The provincial income assistance units will be offered to individuals who were previously experiencing homelessness with rent for these units will set at the provincial income assistance rate ($375 per month). The Regional Housing Trust Fund Contribution is $615,000.
The unit mix offered will include 8 studio, 31 1-bedroom and 12 2-bedroom units. Building features include underground parking and the development is adjacent public transportation and close to Centennial Park and Saanichton Village. The development has been designed and constructed to achieve BC Energy Step Code – Step 2. Anticipated occupancy is planned for Q1 of 2023.