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  NEWS RELEASE 

For Immediate Release

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Jan. 10, 2008

Ministry of Forests and Range and

Minister responsible for Housing

 

PROVINCE INVESTS $4.9M TO PROTECT AFFORDABLE HOUSING

 


NEW WESTMINSTER – The Province is purchasing the 59-unit College Place Hotel in downtown New Westminster for $4.9 million to protect affordable housing for British Columbians in need, Minister responsible for Housing Rich Coleman announced today.

 

“This is a good opportunity to preserve a much-needed housing option for people on low incomes in New Westminster who might otherwise face the possibility of being homeless,” said Coleman. “Current residents can continue living in the building as long as they want, and we will be doing repairs and upgrades to make it a better place to live.”

 

On Jan. 11, the Province will assume ownership of the building, located at 740 Carnarvon Street. An experienced non-profit organization, Lookout Emergency Aid Society, will manage and operate the building. Some of the existing units will be converted to allow for the establishment of 15 emergency shelter beds, starting on April 1. This will be done over time as vacancies arise through natural attrition.

 

“This is good news as we continue work to address the issues surrounding homelessness and affordable housing for the residents of the city who need assistance,” said New Westminster Mayor Wayne Wright, a member of the Premier’s Task Force on Homelessness, Mental Illness and Addictions. “It is important that New Westminster residents have access to subsidized housing, and this initiative will help the City to reach those goals.”

 

“Our experience operating the Cliff Block transitional housing development in New Westminster has identified a clear need for shelter beds and other housing options for people facing homelessness,” said Karen O’Shannacery, executive director of Lookout Emergency Aid Society. “This purchase will make a real difference in people’s lives, and we are looking forward to making sure the College Place Hotel is a good place for people to live.”

 

The purchase is being made under the Provincial Homelessness Initiative, an integral part of the provincial housing strategy, Housing Matters BC. The strategy includes a commitment to create more than 2,300 supportive housing units as a continuation of the ongoing work of the Premier’s Task Force on Homelessness, Mental Illness and Addictions.

 

The Province’s 2007/08 budget for shelters and affordable housing is $360 million, triple what it was in 2001. Copies of the housing strategy can be downloaded from www.housing.gov.bc.ca.   

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Media

contact:

Sam Rainboth

Manager, Public Affairs

BC Housing

604 439-4789

 

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