Media Contacts

Ministry of Housing and Municipal Affairs

Media Relations
236 478-0251

BC Housing

Media Relations
media@bchousing.org

Backgrounders

Funding facts about the new homes
  • These homes offer a variety of rent options, with monthly rents for one-bedroom units ranging from $500 to $1,005, depending on household income and level of financial assistance.
  • The Province, through BC Housing, contributed approximately $3.9 million to the project. About $3.16 million was provided from the Community Housing Fund and, on behalf of Canada Mortgage and Housing Corporation (CMHC), approximately $780,000 was contributed from the Canada Community Housing Initiative, a federal funding program administered by BC Housing under a bilateral agreement.
  • CMHC also provided approximately $7.4 million in loan funding.
  • Lumby & District Senior Citizens Housing Society contributed land equity valued at $600,000.
  • The Village of Lumby made an in-kind donation of approximately $60,000 and donated a 0.3-hectare parcel of land.
  • The Federation of Canadian Municipalities contributed $175,000 to support a feasibility study for the development.

Media Contacts

Ministry of Housing and Municipal Affairs

Media Relations
236 478-0251

BC Housing

Media Relations
media@bchousing.org