People with low to moderate incomes will soon have access to 66 new affordable homes in New Westminster.
Located at 831 Carnarvon St., Performing Arts Lodge (PAL) New West is a nine-storey social housing building and the first project completed in New Westminster with support from the Province, through BC Housing, and the private sector. The project is a partnership between the provincial government, PAL Vancouver and Vintop Development Corporation.
People deserve to have more affordable housing options and these 66 homes are just what families are looking for, said Ravi Kahlon, Minister of Housing. Thanks to the vision of PAL Vancouver and Vintop, these units mean workers and seniors can stay in the community they call home.
The Province, through BC Housing, provided approximately $9 million for the project. Vintop Development Corporation contributed $2 million in equity. The addition of these 66 new affordable homes is welcome news to the growing New Westminster community, said Jennifer Whiteside, MLA for New Westminster. Helping secure affordable housing is one way we can ensure that people can continue to live close to family and friends and afford other necessities of life such as groceries and gas.
The building features 26 studio and 40 one-bedroom homes. Rents range from $800 for a studio to $1,350 for a one-bedroom home. Each unit includes a kitchen, dining area and in- suite laundry. Residents also have access to an amenity space and a top-floor outdoor terrace in the building. PAL Vancouver, a non-profit organization established in 2001 to provide long- standing members of the performing arts profession with affordable housing, is operating the building.
This project is part of a $19-billion housing investment by the B.C. government. Since 2017, the Province has nearly 78,000 homes delivered or underway, including more than 630 units in New Westminster.
To learn about the steps the Province is taking to tackle the housing crisis and deliver affordable homes for British Columbians, visit: https://strongerbc.gov.bc.ca/housing/.
To learn more about Homes for People action plan to deliver more homes for people, faster, visit: https://news.gov.bc.ca/files/Homes_For_People.pdf.
A map showing the location of all announced provincially funded housing projects in B.C. is available online: https://www.bchousing.org/homes-for-BC.