Govt of Canada logo (CNW Group/Canada Mortgage and Housing Corporation)
A major $1.41 million investment from the federal government through the National Housing Co-Investment Fund will go toward construction of a 35-unit apartment building in Fernie.
The announcement was made by The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, along with Taleeb Noormohamed, Member of Parliament for Vancouver Granville, and Katrine Conroy, Member of the Legislative Assembly for Kootenay West and Minister Responsible for Columbia Basin Trust,
Located at 302 (A-D) 13th Avenue, the project will be a mix of affordable rental housing serving priority groups including seniors, Indigenous Peoples, people living with disabilities, and single people and families with low to moderate incomes.
The Province of British Columbia and the Columbia Basin Trust are providing a combined grant of approximately $4.57 million while the Fernie Family Housing Society is providing $151,000 in land equity for the apartment building.
This investment by the Government of Canada was made possible by the National Housing Strategy’s (NHS) National Housing Co-Investment Fund.
In addition to the 35-unit apartment building, North End Court will feature 14 townhouse units. The Province is providing approximately $1.4 million from the Building BC: Community Housing Fund and annual operating funding of approximately $71,000 for the 14 townhouse units.
“Every Canadian deserves a safe and affordable place to call home. By investing in affordable housing here in Fernie and across Canada, our government is working hard to create jobs and improve quality of life for those who need it most. Thanks to today’s announcement, 49 seniors, families and persons with disabilities will have access to affordable homes. This is our government’s National Housing Strategy in action.” – The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion
“This investment from the Government of Canada’s National Housing Co-investment Fund is improving the quality of life for all those who will call North End Court their home and has made Fernie a better place to live. When people have a secure and stable home, they gain the confidence they need to succeed and fulfill their potential.” – Taleeb Noormohamed, Member of Parliament for Vancouver Granville
“Families and seniors in Fernie will benefit from more affordable housing, right in their community, close to their loved ones, schools, and the services they count on thanks to the federal government, Columbia Basin Trust and the Fernie Family Housing Society. Through partnerships like this, our government is continuing to build homes that make life more affordable for people, in rural areas and across the province.” – Katrine Conroy, MLA for Kootenay West and Minister Responsible for Columbia Basin Trust
“The Fernie Family Housing Society consists of a small group of volunteers working to provide affordable housing to the citizens of Fernie. Since 2001 we have completed 2 projects which provided 59 units for seniors, people with disabilities, and low income families. We are now nearing completion on our third project which will provide an additional 49 units. Each of our projects has depended on grants from the CMHC for the development of affordable and accessible units, and we are grateful for CMHC funding which has helped to generate grants from other levels of government.” – Gayle Vallance, President, Fernie Family Housing Society
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