BC Housing will open 36 units of market-rate rental housing at a new apartment building downtown in September.
Residents will be able to move into Quebec Street House, located across from the Canfor Leisure Pool, starting Sept. 1, according to BC Housing’s website. The building will offer studio, 1- and 2-bedroom units for low-and-middle-income households.
“BC Housing, through the Affordable Rental Housing Program, is working to increase the supply of rental housing for low to middle income households across British Columbia,” the BC Housing site says. “Monthly rents at Quebec House have been set below comparable market rents in the area. Under the Affordable Rental Housing Program, units must be rented to households with income below an established limit. Households must also demonstrate an ability to pay established market rents.”
Applicants must be B.C. residents, with preference for those who work in Prince George or neighbouring communities, the site says.
Residents looking to move into studio or 1-bedroom units must have annual income of $82,310 or less to be eligible. For two-bedroom units, the maximum annual income is $128,810.
The monthly rent for two-bedroom units is between $1,050 and $1,300 per month, plus $80 for parking and BC Hydro. Studio units rent for $800 to $875 per month, and one-bedroom units $825 to $900 per month, plus $80 for parking and BC Hydro.
“There are no subsidies available,” the BC Housing site says. “However, some households may be eligible for assistance with their rent through other BC Housing programs, such as Shelter Aid for Elderly Renters (SAFER) or Rental Assistance Program (RAP).”
Developer PRP Holdings Ltd. started construction of the project, but sold the building to BC Housing before construction was completed. The project suffered several delays and was the subject of a legal dispute between PRP Holdings Ltd. and two drywall companies.
