June 24, 2016 - 9:02 AM
KELOWNA - A motel on Gordon Drive in Kelowna will be turned into 44 low-income housing units.
A joint agreement to spend $5 million buying and renovating the former Econo Lodge Motel at 1780 Gordon Dr. was announced by B.C. Housing and the Canada Mortgage and Housing Corporation in a press release today, June 24.
The target market is described as 'people with low incomes who are able to live independently but struggle to find suitable, affordable housing in the community'.
Support workers will work onsite with the tenants to keep them connected with service providers, the release says.
The province will own the new rental complex and manage it through B.C. Housing. The funding for the project is provided under the auspices of the Canada-B.C. Agreement for Investment in Affordable Housing.
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