Rent Geared to Income: 33; Moderate Income: 29 ; Market: 6
BC Housing and four non-profits housing partners are revitalizing nine acres of land in Saanich known as the Nigel Valley. The existing buildings were constructed in the mid-1970s and are no longer meeting the housing and care demands of the region. The regeneration of this site will create homes across the housing continuum including affordable, assisted living, independent living, and long-term care serving a variety of people. It will also include amenities such as a plaza, park, trails, and local employment opportunities. As part of this greater regional development, Greater Victoria Housing Society is redeveloping a new building that will include day care and commercial space, and be built to a Passive House Design standard.
Profile Maps Last Updated: July 2, 2024
Notes:
**Priority Population(s): These are described for projects that explicitly fill some or all units with people who are part of a specific demographic that faces unique needs related to housing insecurity.
**Green Building Standard: This is described for projects that are designed according to a green building certification such as LEED (Gold/Platinum), Built Green (Gold/Platinum), and Passive House.
**Affordability Definitions:
Deeply Affordable – A home that is affordable to people on a very limited income, such income assistance, disability assistance, and income support programs for seniors.
Rent Geared to Income – A home that is available to people with modest incomes. Rent is calculated to be affordable based on the tenant’s income.
Moderate Income – A home that is available for a monthly rent that is equal to the low-end of rents available in the private market. Also referred to as ‘Middle Income’ and ‘Affordable Market’.