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Deputy PM Chrystia Freeland joins provincial and city officials to announce more than 100-million dollars to fund one of Vancouver's largest-ever social housing projects
BY , Jul 28, 2021 9:07 PM - REPORT AN ERROR
Federal, provincial and city officials have announced a combined total of more than 100-million dollars to fund one of Vancouver's largest-ever social housing projects. (Photo - Chrystia Freeland/Twitter)
Federal, provincial and city officials have announced a combined total of more than 100-million dollars to fund one of Vancouver's largest-ever social housing projects.
Deputy Prime Minister Chrystia Freeland joined Attorney General David Eby and Vancouver Mayor Kennedy Stewart in announcing funding for the 10-storey, 231-unit development slated for the city's Downtown Eastside.
Ottawa will provide 45.8-million dollars and the province is kicking in 33.6-million plus the development's annual operating subsidy, while the city is taking care of the land through a 99-year lease and the Vancouver Chinatown Foundation will contribute 30-million dollars through a community fundraising campaign.
The project includes a nearly 50,000 square foot health centre offering mental health and addiction services, with construction expected to begin this year for completion in 2024.
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