Construction is underway on 13 new affordable rental homes for seniors and families in Valemount through a partnership between the Province, the Columbia Basin Trust, Canada Mortgage and Housing Corporation and the Valemount Affordable Rentals Society (VARS).
“For the community of Valemount, these units represent a significant addition that will enhance the lives and well-being of many seniors and families, enabling them to affordably live in quality homes,” said Johnny Strilaeff, president and CEO, Columbia Basin Trust. “We thank all
the partners involved and especially recognize the efforts of the Valemount Affordable Rentals Society for helping to make the Columbia Basin a viable place to live, work and play.”
The project, located at 1295 Gordon Rd., will be a two-storey apartment building with one-, two- and three-bedroom units. The building will be managed by VARS, which has identified affordable rental housing for seniors and families as a priority in the community following a needs assessment in 2016.
Construction started in August 2020 and is expected to be complete by summer 2021.
Learn more about the Trust’s work in Housing.