For 60 of the 87 units in the new building, rent will be set at 30 per cent of household income. The rest will rent for market rates
An 87-unit affordable rental housing project for families, veterans, seniors and people with disabilities officially opened in Parksville on Tuesday.
Located at 360 and 364 Moilliet St., the development includes eight three-bedroom townhomes, with another 79 apartments a mix of one-bedroom, one-bedroom-plus-den and two-bedroom units. For 60 of the units, rent will be set at 30 per cent of household income. Seventeen of those units are reserved for residents with very low incomes, such as those receiving income or disability assistance.
Ballenas Housing Society is the owner and operator of the building and has an office on site. Andrea Blakeman, Ballenas chief executive, said this is the society’s first facility in Parksville.
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