📋 Tender Overview
Low- to moderate-income people in Salmon Arm are moving into 32 safe and affordable rental homes with the first phase of a new housing development opening in the community.This development will help more than 100 families and individuals in Salmon Arm find safe and affordable homes said David Eby Attorney General and Minister Responsible for Housing. These new homes reflect the commitment our government has made to working with municipalities and community partners to open affordable housing that has the power to transform lives.Located at 540 3rd St. Larch Place is the first phase of a 105-unit housing development on a two-acre lot. It provides one- two- and three-bedroom homes.These new affordable rental homes are available to individuals seniors and families with low to moderate incomes. The monthly rents arefour one-bedroom units for people with low incomes i.e. seniors on fixed incomes and people receiving income assistance 37520 rent-geared-to-income units people with low to moderate incomes 564 one bedroom to 838 three bedroomseight market rental units approximately 875 one bedroom to 1250 three bedroomsA second building with another 35 homes including several four-bedroom suites for families is under construction and expected to open in summer 2021. The Province is providing a total of 6.7 million for both buildings through the Building BC Community Housing Fund.A third building with 38 homes with 247 support for people experiencing homelessness is anticipated to open in fall 2021. Once complete all housing on the site will be run by the Canadian Mental Health Association CMHA Shuswap-Revelstoke.People started moving into Larch Place on Thursday Feb. 25 2021.QuotesHarwinder Sandhu MLA for Vernon-Monashee These 32 affordable rental homes are a welcome addition to the community. This project demonstrates our governments commitment to work in partnership to build the homes people need in communities throughout the province. Homes fulfill our most basic human need. They gives us all a place to feel safe comfortable warm and grounded. Affordable housing helps people get a good start in life. Accessible housing removes barriers for people with mobility issues. Stable and secure options give women and children leaving violence somewhere to go. Supportive housing gives people the hand they need to start over while reducing homelessness and crime.Alan Harrison mayor City of Salmon Arm The City of Salmon Arm enthusiastically welcomes the opening of Larch Place. We recognize the important opportunities that these affordable units will provide for our residents and wish to thank our partners the Province and Canadian Mental Health Association Shuswap-Revelstoke for working with our community to bring this project to life.Dawn Dunlop executive director CMHA Shuswap-Revelstoke We continually hear from people in our community who are struggling to find affordable housing due to the historically low vacancy rates in Salmon Arm. The new rental housing as well as the supportive housing being built will be a much-needed addition to the spectrum of housing in the community.