| Salal Landing Special Announcement | http://www.metrovancouver.org/media-room/video-gallery/Housing/818923627 | Salal Landing Special Announcement | <div class="ExternalClassE05B3E049AE541A5B9FBBE2E33D45395"><p>The Province, through BC Housing, and Metro Vancouver, through the Metro Vancouver Housing Corporation, are working collaboratively to build new affordable housing for people in the Metro Vancouver region.</p><div><br></div><div>BC Housing and Metro Vancouver have signed a memorandum of understanding (MOU) that will result in the construction of approximately 2,000 affordable homes over the next 10 years at priority sites identified by Metro Vancouver. </div><div><br></div><div>The first phase of projects will provide approximately 660 new homes at five sites, supported with a provincial investment of $158 million over the next three years. Subsequent funding will be announced for the additional sites at a later date. Metro Vancouver is contributing land and cash equity valued at more than $217 million over the 10 years, and is working to leverage federal funding support.</div><div><br></div><div>Metro Vancouver has a history of partnering with the Province to build much-needed housing. The Province, through the Building BC: Community Housing Fund, is providing $7.9 million toward Salal Landing, a five-storey building for families, seniors and people living with disabilities in Port Coquitlam with low to moderate incomes. Located at 2481 Welcher Ave., the building will have 63 units with a mix of studio, one-, two- and three-bedroom homes. All homes will be accessible or meet universal design standards to support people living with disabilities, which will help seniors to age in place.</div><div><br></div><div>Metro Vancouver will own and operate Salal Landing. Construction is expected to be complete in spring 2024.<br></div><p><br></p></div> | 818923627 | 2023-05-19T07:00:00Z | GP0|#b6648d5b-878a-4f76-892c-41855913bf54;L0|#0b6648d5b-878a-4f76-892c-41855913bf54|Housing and Homelessness;GTSet|#7d31088e-909b-4ce9-9585-a55a27d70a4e | homepage, Housing, Salal Landing | GP0|#c203cef0-b21c-470d-892b-9895cb58e149;L0|#0c203cef0-b21c-470d-892b-9895cb58e149|Housing;GTSet|#3d357c88-453e-43b3-bc55-5eb23d8a9117 | | |
