Construction has started on 66 below-market homes on Songhees Nation land.

Residents will pay no more than 30% of their income on rent in the six-storey apartment building, which will have studio, one- and two-bedroom homes.

“This project symbolizes our unwavering commitment to providing safe and secure housing for all our members,” Songhees Nation Chief Ron Sam said in a news release. “We are excited to declare that this initiative represents merely the first step in a comprehensive plan aimed at ensuring the well-being and prosperity of our people.”

The Songhees Nation contributed land valued at $2.8 million, while the Capital Regional District worked with BC Housing, which is providing $10 million, and the Canada Mortgage and Housing Corporation, which is chipping in $9.9 million. The building is expected to be completed in early 2025. Aryze Developments, the builder, is contributing $525,000 of in-kind design services.

“The project at 1502 Admirals Rd. represents a true, layered partnership, where the private sector has teamed up with four distinct governments — Songhees, regional, provincial and federal — to deliver much-needed housing for community members,” Aryze principal Luke Mari said. “This building is the epitome of rapid housing, from funding to construction in less than a year. On behalf of our team and our dedicated trade partners, we are honoured to be supporting Songhees Nation in this important, Indigenous-led housing solution.”