Nanaimo council considers joining pilot project to provide low-cost housing

Nanaimo council considers joining pilot project to provide low-cost housing

A local partnership is looking for the support of the City of Nanaimo to build up to 400 non-market housing units which will be sold at 40 per cent below market value within the next two years in the city as part of a pilot project. Members of the Housing Nanaimo Working Group, which consists of a number of partners, including the Anchor Corporation and the Nanaimo Prosperity Corporation, spoke to the city’s governance and priorities committee a…

Zombie Lab Sites Seek Revival as Housing

Developers warn that sites could remain stagnant for years, and that housing would provide a net fiscal benefit, while local officials fret about jobs and commercial tax revenues.