GVHS adds 68 affordable rental homes in Victoria
“We thank our partners, through the leadership of the Province, for working with us to purchase these two buildings in Victoria,” GVHS executive director Virginia Holden said. “For years to come, we will be able to preserve these units as affordable housing, ensuring that the residents have high-quality, safe, accessible and sustainable homes.”
The society has more than 65 years of experience and looks after 1,000 homes that house families, people living with disabilities, families and working singles and couples.
The Michigan Street property has 44 homes ranging in size from studio to two-bedroom units and 1500 Chambers St. has a total of 24 one-bedroom and two-bedroom units.
Both properties are close to transit and shopping and rent at below current market rates. Approximately 70% of homes in the two buildings are affordable for households earning median renter incomes in Victoria.