Okanagan Falls housing project receives $300k development cost waiver
- The Regional District of Okanagan-Similkameen approved a $307,368 waiver of development cost charges for an affordable housing project, promoting low rents.
- The South Skaha Housing Society leads the project, having previously built and operated a neighboring 26-unit building.
- Director Matt Taylor highlighted that while the project is grant-funded, the grants do not cover development cost charges.
- The board's unanimous decision on July 3 aims to keep rents affordable by waiving additional costs associated with water and sewer connections.
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