Nelson Star - Nelson Cares Gets Affordable housing funds
Updated: Aug 31, 2022
by Bill Metcalfe. Published on Wed Nov 30th, 2016 2:00pm
B.C. Housing has awarded $6,300,300 in funding to a Nelson CARES project that will build 48 units of affordable housing.
It was one of three dozen projects funded around the province amounting to a total of a half billion dollars.
Nelson CARES will rebuild four buildings that it owns on Nelson Ave. that were formerly part of a motel. The units will be intended for seniors, adults with disabilities, homeless and homeless at risk.
The project will require a mortgage in addition to the B.C. Housing funding. B.C. Housing is a provincial crown corporation that provides assistance to renters, and emergency and subsidized housing for low income families and the disabled.