Revelstoke Community Housing Society members and visiting dignitaries celebrated the official opening of the new Oscar Street townhouse complex on April 18.
The housing complex provides 12 units of affordable housing for families and individuals with low to moderate incomes. The townhouses are comprised of four two-bedroom units and eight one-bedroom units, two of which are fully wheelchair accessible.
Located at 1014 Oscar Street, the complex is managed and operated by the Revelstoke Community Housing Society.
The project was funded by several sources. The Governments of Canada and B.C provided a combined investment of nearly $794,000 through Canada-B.C. Agreement for Investment in Affordable Housing. The Government of B.C. also provided interim construction financing of nearly $900,000. The Columbia Basin Trust provided $696,000. The City of Revelstoke provided $57,000 in municipal reductions, a cash donation of $192,000, and the land valued at over $376,000. The Revelstoke Community Housing Society provided $205,000.
Fraser-Nicola MLA Jackie Tegart attended the opening ceremony on behalf of the provincial government. “Congratulations to everyone involved in this new housing development,” she said. “In the coming weeks and months, our government looks forward to working with Canadians, housing stakeholders and our provincial, territorial and municipal partners to restore the government’s role in supporting affordable housing.
“Our government was proud to partner with Revelstoke Community Housing Society to provide funding for the creation of new affordable housing units. We are pleased to see that tenants have moved in and are benefiting from the affordable rents and making these townhouses their new homes.”
Mark McKee, Mayor of Revelstoke and also Chair of the Board of Directors of the Revelstoke Community Housing Society thanked those who worked on the project. “We congratulate all of those who worked to make this project a reality, and particularly the Revelstoke Community Housing Society. We’re honoured to be part of a project that ensures affordable housing is available in Revelstoke.”
He said that ongoing housing issues are in part a result of the community’s success in attracting residents. “The downside of that is the affordability of the community.”
Community Futures general manager Kevin Dorrius thanked staff member Debra Wozniak for her work on the project. “[We were] very proud to be a part of this project,” he said. “I think it says a lot about our community.”
In a statement, Columbia Basin Trust president and CEO Neil Muth said the organization was “very pleased with the financial support this project received from the federal and provincial governments, CBT and the in-kind support from the City of Revelstoke. This is a good example of different levels of government working cooperatively to address an important community issue.”