BC Housing Operations 2021 - Year in Review

Interior Region Saving Low Income Rentals in Penticton

The Interior Region prides itself on being a collaborative partner. This was confirmed when the team rallied quickly when a unique opportunity presented itself in Penticton this past summer. BCH had purchased three motels at the south end of Penticton as part of a redevelopment plan to preserve and upgrade 57 units of affordable housing in the city. Development Services (DS) was working on a joint master plan with an adjacent (private) land holder for the redevelopment of the Skaha Apartments – a fourth building that had been earmarked to be part of the land assembly. But the partnership started to unravel over the summer, due to a leadership change with the private partner, and those 57 units of existing low-income rentals were suddenly at risk of being sold off and lost. It was then that the collaboration with Operations kicked into high gear. DS’s proposal to purchase and secure these low-income housing units in Penticton was successful thanks to the buy-in and strategic planning from our incredible Interior Regional team.

Operation’s 2021 – a year in review

Made with FlippingBook - Share PDF online