BC Housing will continue to lease the building for supportive housing needs
The City of Prince George has entered into an agreement to purchase the Knights Inn Motel, located at 650 Dominion Street, for $4.15 million. BC Housing intends to continue leasing the building after the city purchases the building. The city’s purchase agreement has a completion date of March 14, 2024.
The city says the decision to purchase the property was made in partnership with BC Housing, who agreed to pay for their 24-month lease fees upfront, contributing a total of $1,134,000 to the purchase. The city says the collaboration between BC Housing and the City of Prince George on this purchase is in line with the HEART and HEARTH Memorandum of Understanding signed by the city and the province in June that formalizes their commitment to work together to better support people in the community who are unhoused.
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