Prince George: The B.C. government has purchased a four-storey building in Prince George to turn into affordable rentals.
Known as Quebec Street House, the building will provide affordable rental housing for people with low or moderate incomes.
According to the province, the building has four studio units, six one-bedroom units and 26 two-bedroom units. Rents will range from $860 to $1,000 per month, depending on unit size and tenant income.
BC Housing will manage the building and residents are expected to start moving into their new homes in early September 2023.
“By investing in safe and accessible buildings, we’re taking action to address the housing crisis and provide more affordable rental options to people who call Prince George home,” said Ravi Kahlon, Minister of Housing.
“Through our Homes for People action plan, we’re not only building new housing at a historic rate, but also acquiring buildings like this to ensure people with a range of incomes have access to affordable housing. Our government will continue to work to deliver more housing like this to people in Prince George and throughout B.C.”