ARTIST'S illustration of an affordable housing project set to be built on city land on the southside leased to the Ksan Housing Society.

Terrace, B.C. affordable housing project one step closer

It will be three storeys and built on city-owned land on the southside

The Ksan House Society’s Ksan Estates affordable housing complex is closer to being built but still has a way to go to secure the needed finances.

At its regular meeting March 13, council was asked to approve the development permit for Ksan Estates, the upcoming housing project for low income or disabled individuals and families.

The 45-unit, three-storey building is to be owned by Ksan House Society and will be built on the lots of 4616-4622 Haugland Ave., close to the society’s Hall St. short-term housing and emergency shelter building.

Ksan Estates will target individuals and family in core housing need, as well as individuals with disabilities, said city planner Tara Irwin.

Core housing need can be defined as a household that is spending 30 per cent or more of its before-tax income to access acceptable local housing, she said.

City development services director David Block is working on the final stages of the lease agreement – the city owns the long-term lease for the portion of land where the Ksan Estates development is set to be constructed and construction is expected to begin when that is completed, said Irwin.

The project will have 53 parking spaces which are expected to be enough for its residents and visitors, said Irwin.

Last year, the province announced it had committed $8 million to the project and the city said it would give $200,000 to offset the costs of development and building permits, water and sewer service upgrades.

But the project has been estimated to cost $13.5 million, leaving a big gap in what the society still needs.

At that time, acting executive director and director of housing for Ksan House Society Elaine McGillivray said the project was still in the early stages so the society would have to review and have its budget approved and then it would know how to get the extra money.

“We will have to negotiate the budget with BC Housing,” she said, adding that was all the information she had at that time.

“We need to look at the budget and see how we can make it all work.”

Affordable housing means that the units will not be subsidized by BC Housing, she added about how affordable housing is defined.

The rent will be about 30 per cent below market rents, which are determined by the Canadian Mortgage and Housing Corporation, added McGillivray.

 

 

 

 

 

Just Posted

Snowfall warning remains in effect

Public urged to postpone non-essential travel

Terrace to Hazelton bus service launched

First trip of BC Transit’s latest inter-community route set for Nov. 20

Snowfall warning issued for Terrace

Environment Canada expects up to 30cm by this evening

UPDATE: One injured in collision near Onion Lake

The semi truck and van collided between Terrace and Kitimat at 1:45 p.m. Nov. 15.

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

VIDEO: Rare comic showing Superman’s 1st appearance to be auctioned

The 1938 comic features Superman hoisting a car over his head

Pine beetles from Jasper National Park moving into commercial forest

In 2014, beetle activity went from a few spots around Jasper’s townsite to rampant

VIDEO: Tragically Hip members, Alex Trebek receive Order of Canada

Newest recipients join 6,897 Canadians such as Christine Sinclair, Graham Greene and Mark Messier

AC/DC’s Malcolm Young dies at 64

‘Malcolm was a songwriter, guitarist, performer, producer and visionary who inspired many.’

‘I will now live in consistent fear’: Allan Schoenborn granted escorted leaves

The Merritt man was deemed not criminally responsible in the killing of his three children in 2008

Hammy the deer dodges conservation officers in Prince Rupert

The famous Prince Rupert hammock deer maintains his purple threads

‘No shirt, no service, no Canada’

Shirtless Tacoma man arrested after Canadian border officials say they found meth in rental vehicle

Nasty note on B.C. windshield sparks online outrage

Vernon’s Bailey McDonald is using a painful experience to start conversation about invisible illness

Most Read