Affordable housing project finally breaks ground
by Jennifer Stahn
Crews work on the parkade portion of a new housing project at 429 St. Paul St.
Image Credit: 429stpaul.ca
September 09, 2014 - 8:55 AM
KAMLOOPS - Construction of an affordable housing complex project in downtown Kamloops is finally underway more than a year after land preparations first began.
The building sits alongside the Kamloops United Church at 429 St. Paul St. and will house 56 units, 41 of which will fall under the affordable housing banner. Construction is set to be complete by winter 2015 and once complete will also house the church’s administrative space and thrift shop.
The church raised $2.2 million for the project, as well as providing the land — valued at $2 million — while the provincial government helped arrange more than $11.3 million in construction financing.
Earlier this year the church asked for a tax break on the project, which was not possible because of the largely residential component of the project, though council did agree to allow parking for more small cars and reduced drive aisle widths.
To contact a reporter for this story, email Jennifer Stahn at firstname.lastname@example.org or call 250-819-3723. To contact an editor, email email@example.com or call 250-718-2724.
News from © InfoTel News Ltd, 2014