Vancouver, British Columbia — Two of Vancouver’s low-income senior homes are getting a revamp. Through the Green Municipal Funds Sustainable Affordable Housing initiative, the government of Canada and the Federation of Canadian Municipalities have announced a $10 million investment towards the two residential units. The project is expected to be complete by spring 2024.
“Canadians expect all levels of government to work together to tackle climate change and the housing crisis. Our government is pleased to support this project, one that will provide seniors with an environmentally-friendly and affordable place to live in Vancouver,” said the honourable Jonathan Wilkinson, minister of natural resources.
The project will create 157 units primarily intended for low- and moderate-income seniors, and people with physical disabilities in Vancouver. Both buildings are expected to receive Passive House certification.
“FCM’s Green Municipal Fund helps municipalities and their partners adopt climate solutions faster. The investments announced today will help Brightside Community Homes Foundation provide energy-efficient, affordable housing to seniors in Vancouver,” said Garth Frizzell, past president of the Federation of Canadian Municipalities.
The project will also receive funding and support from the Canada Mortgage Housing Corporation (CMHC) and BC Housing.