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Golden seniors celebrate eight more units of housing

Contributor
By Contributor
October 26th, 2012

Seniors in Golden are celebrating increased access to affordable housing at Mountain View Manor, a new addition providing eight units of seniors housing, funded by the governments of Canada and British Columbia along with community partners.

Through an amendment to the Canada – British Columbia Affordable Housing Agreement, the federal and provincial governments contributed a combined total of nearly $1.4 million for the construction of Mountain View Manor. In addition, the Interior Health Authority provided the land, valued at approximately $159,500.

Columbia Basin Trust has committed $425,000 to the overall capital costs of seven sites in the Columbia Basin region for a total of 114 units under the Seniors’ Rental Housing (SRH) initiative.

This includes projects that have been built in Cranbrook, Kimberley, Creston, Baynes Lake, Golden, Revelstoke and Valemount.

The eight apartments of modular housing are an addition to the existing eight-unit Mountain View assisted living facility. Golden Community Resources Society manages and operates the new apartments, as well as the previously existing apartments.

The Seniors’ Rental Housing initiative was a result of a $365-million joint investment under an amendment to the Canada-British Columbia Affordable Housing Agreement, which included funding through Canada’s Economic Action Plan and by the government of British Columbia.

This initiative, initially announced by the two levels of government on April 8, 2009, provided $123.6 million, including $104 million for seniors and $19.6 million for persons with disabilities, to develop approximately 1,300 new affordable rental housing units, which has helped to stimulate local economies in smaller communities across B.C.

Under terms of the agreement, the provincial and federal governments provided matching contributions of $61.8 million.

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