The community gathered in Rossland on Friday to officially open the Rossland Yards.
Located on city-owned land at 1920 Third Ave., Rossland Yards houses 37 new apartment units above a new city hall.
The building includes a mix of one-, two- and three-bedroom units and will prioritize individuals, couples and families who are working in the community or have recently retired from the local workforce.
Rossland Yards is the result of a partnership between the province through BC Housing, the City of Rossland, Columbia Basin Trust, the Federation of Canadian Municipalities’ Green Municipal Fund and non-profit operator the Lower Columbia Affordable Housing Society (Society).
“We are excited to be working so closely with the City of Rossland, Village of Fruitvale, and our project funders to bring new units of affordable rental housing to the Lower Columbia Region, which, like so many other parts of the province, is facing a shortage of affordable rental options for low- to moderate-income households,” says Jan Morton, Society president.
“Respectful partnerships are at the root of our success.”
Through BC Housing, the province provided approximately $5.9M, including $4.9M through the Investment in Affordable Housing program; and $1M from the Columbia Basin Investment in Affordable Housing program.
The City of Rossland provided the land and costs for construction of city hall.
The Federation of Canadian Municipalities’ Green Municipal Fund, an endowment created by the Government of Canada, provided over $3M, including $1.5M+ in loans and $1.5M+ in grants.
Since 2017, the province reports that nearly 77,000 homes have been delivered or are under construction, including around 990 homes in the Kootenays.
“The West Kootenay is growing and we’ve taken steps to support people living in our communities by providing grants to local businesses and developing more affordable housing, such as Rossland Yards,” said Katrine Conroy, Kootenay West MLA and Minister Responsible for Columbia Basin Trust.
“By investing in projects such as this, we will grow our economy and give people even more reason to stay.”
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