Media Contacts

Ministry of Housing and Municipal Affairs

Media Relations
236 478-0251

BC Housing

Media Relations
media@bchousing.org

Backgrounders

What to know about funding for the project
  • The Province, through BC Housing, provided approximately $3.2 million for the project, including approximately $2 million from the Community Housing Fund and approximately $1.2 million cost pressure grant to help keep rental rates affordable.
  • The Federation of Canadian Municipalities provided a grant of $1.9 million and an additional $175,000 study grant.
  • Columbia Basin Trust provided $762,000 as part of its Housing Initiative Funds.
  • The Village of Valemount provided the land valued at $333,000, in addition to $270,000 in municipal upgrades.
  • The Valemount Community Forest provided $100,000.
  • The Valemount Senior Citizens Housing Society provided approximately $50,000 in equity.
  • The Canadian National community board provided in $25,000 in equity.
  • The Four Rivers Co-op provided approximately $8,000 in equity.