New Housing Complex Coming to Salt Spring Island
Affordable Housing coming to Ladysmith. (Sharon Vanhouwe, mycowichanvalleynow.com staff)
Twenty-four low to moderate-income housing units are coming to 176 Bishops Walk Road on Salt Spring Island.
Salt Spring Island Community Services is receiving $2.4 million dollars from the province’s Building BC: Community Housing Fund and the project will include two and three-bedroom units within eight triplex buildings.
The monthly rent is expected to range from $570 to $1,475 dollars for three-bedroom units.
The development will be close to essential amenities in the Ganges Town Centre, which includes a grocery store, community services, parks, and downtown harbour.
The local community group has provided $500,000 dollars to the project along with the two-hectare parcel of land, estimated to be worth $720,000 dollars.
The Society has also secured one million dollars in private donations.
Construction is expected to start this fall.