Ravi Kahlon, minister of housing, says this is the first major housing project in Qualicum Beach to be funded through the Building BC investments.and will provide an annual operating subsidy of approximately $313,000.
“I know it will have a tremendous impact to the community by providing families and seniors with safe, secure housing to grow and prosper,” Kahlon said in a release. The development is being built on 136 Village Way W. It will be a four-storey wood-frame building with a mix of studio and one, two and three-bedroom apartments, as well as seven three-bedroom townhomes.Sign up for the CHEK Now daily email newsletter to get breaking news and the day's top stories sent to your email.The building is also located next to a community garden and within walking distance of schools, medical facilities and public transit.
Source: Real Estate Daily Report (realestatedailyreport.net)
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