Pexels

Steps to waive $2.4 million DCC’s made for Lake Country affordable housing project

Council agreed to give first, second, and third reading to waive development cost charges

The first steps were taken to waive development costs charges for an affordable housing project in Lake Country during Tuesday night’s regular council meeting, according to Mayor James Baker.

READ MORE: First steps made for affordable housing developments in Lake Country

The District of Lake Country and EllisDon have created a non-binding agreement to work towards an affordable housing project that would see up to 200 units on Jensen and Hill Roads.

The total amount of DCC’s waived equals $2.4 million for the properties which council has agreed to give first, second and third reading to, according to a report which was presented to council Tuesday night. Council also passed recommendations from staff which restrict the housing to rental units, and the Jensen Road building be used for affordable housing for at least 20 years.

“The dedication of the land adjacent to the Nexus site had been identified as a DCC funded purchase. The purchase will no longer require payment out of DCCs, thus satisfying the parks burden,” district staff said in a report to council.

Urban Matters recently partnered with EllisDon Corporation and The Society of Hope to develop and manage the project.

Council had previously agreed to give first and second reading to rezone the property on Jenson Road from rural residential to medium density multiple housing.

“The plan for the property is to construct a 109 unit development consisting of 24 row house units and an 85 unit apartment building to house families and seniors, on the condition that the project is able to secure funding from BC Housing and the northern portion of the property is to be dedicated to the district in exchange for a like amount of district-owned land at 3151/3165 Hill Rd,” according to the report which was previously presented to council.

“The applicant plans to construct a mixed-use development at 3151/3165 Hill Rd. consisting of an apartment building with 77 affordable housing units, and approximately 10,000 sq. ft. of institutional/civic space on the ground floor that is to be dedicated to the district as part of the land exchange agreement,” the report said.

Society of Hope executive director Luke Stack said he expects he won’t hear back from BC Housing until January and if all goes as planned, construction of the buildings would start in two years, with completion in four years.

However, Jeff Waters, with EllisDon, said the project will be completed in the spring of 2021 with construction starting next fall.

@carliberry_
carli.berry@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

Casa Loma residents petition to halt proposed Blackmun Bay project

West Kelowna City Council grants second reading for what would be the city’s largest development

Lakestone Grand Opening set for this weekend in Lake Country

MP Stephen Fuhr, MLA Norm Letnick and Mayor James Baker will all speak at the event

West Kelowna RCMP search witnesses in assault

A man was attacked in the early morning on July 16

Small business spotlight: Kelowna’s master tailor

Sam Galvez started his business in Kelowna 6 years ago

Kelowna ranks fifth in where Canadians will move to buy a home: study

‘The study suggests that the dream of homeownership is very much alive and well,’ said Finder’s editor

West Kelowna vet saves turtle from hook

Dr. Moshe Oz removed fish hook lodged in the turtle’s throat

B.C. adding fast-charge stations for electric highway trips

Okanagan, Vancouver Island, Kootenay stations ready for use

Comedian Gerry Dee ready to lighten things up at BC Hockey Hall of Fame

Canadian actor and stand-up comedian Gerry Dee is hosting the event in Penticton

Worried about bats? Here’s what to do if you come across one in B.C.

Bat expert with the BC Community Bat Program urges caution around the small creatures

Boat sails from trailer to pavement at Sicamous Highway 97A intersection

Alberta resident charged with transporting insecure load, failing to adequately connect trailer

Collision with hydro pole cuts power to thousands in the Shuswap

Minor injuries to the driver were reported; power was restored by the following morning

B.C. on right road with tougher ride-hailing driver rules, says expert

The provincial government is holding firm that ride-hailing drivers have a Class 4 licence

RCMP investigating alleged ‘sexual misconduct’ by cyclist on BCIT campus

BCIT said they were reviewing video evidence of the incident

New home cost dips in B.C.’s large urban centres

Victoria, Kelowna, Vancouver prices decline from last year

Most Read