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New affordable homes open in Castlegar

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Castlegar Wednesday, April 23, 2025 12:15 PM

What to know about funding for the new homes

  • The Province, through BC Housing, contributed a grant of approximately $3.3 million to the project.
  • The federal government provided $650,000 through the National Housing Co-Investment Fund (NHCF).
  • The Province and federal government also provided approximately $1.4 million through the BC Priorities Housing Initiative Grant.
  • This grant was jointly funded through the Canada-British Columbia Bilateral Agreement under the National Housing Strategy.
  • The Kootenay Society for Community Living provided approximately $1.1 million in capital and the land for the project.
  • Columbia Basin Trust, through the Columbia Basin Affordable Housing Program, developed in partnership with BC Housing, is contributing approximately $821,000.
  • The City of Castlegar waived fees totalling approximately $48,000 for this development.

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