Shovels hit the ground today in Kamloops, to signify the official construction start of 429 St. Paul, a new mixed-use building at the Kamloops United Church site.
The building boasts both commercial and residential units, with close to 75% of the apartments set aside as affordable home ownership units for future residents with low to moderate income. In addition to easy access to public transportation, shops and many other conveniences, residents of 429 St. Paul St. will also have access to a rooftop patio garden with barbecue and shared amenity space.
The building will host Kamloops United Church’s administration space and the church Thrift Shop. Construction is estimated to be complete by winter 2015.
Funding for this project:
- The B.C. government has arranged over $11.3 million in construction financing.
- The Kamloops United Church has provided the land valued at approximately $2 million and $2.2 million in fundraised contributions.
Todd Stone, Minister of Transportation and Infrastructure and MLA for Kamloops-South Thompson -
“This redevelopment of the Kamloops United Church creates opportunities for first-time home buyers here in our community. Our government is investing in 429 St. Paul because we are committed to opening doors for people and families, and making home ownership more affordable.”
Mayor Peter Milobar, City of Kamloops -
“The City of Kamloops is supportive of the development of quality affordable housing opportunities in Kamloops. We’d like to commend both the Province and Kamloops United Church for investing in this development, ensuring that low- to moderate-income families and individuals have access to affordable home ownership options.”
Margaret Waldon, chair of Council Circle, Kamloops United Church -
“Kamloops United Church, through the 429 St Paul Housing Project, will achieve a vision of quality homes for many who are challenged to purchase their first home and others who see the distinct advantages of living in downtown. This housing project builds on the many activities the church has undertaken since 1927 to meet the needs of the community.”
- 429 St. Paul will have a total of 56 units, 41 of which will be available to purchasers whose gross household income is less than $85,000 per year.
- In 2013-14, the B.C. government invested over $6.4 million to provide subsidized housing and rent supplements for 1,700 Kamloops households. This includes support for more than 810 senior households and over 460 family households.
- Since 2001, the B.C. government has invested $3.6 billion to provide affordable housing for low-income individuals, seniors and families. This year, more than 98,000 B.C. households will benefit from provincial social housing programs and services.
Kamloops United Church