Located at Franklin Road/Harmony Lane in Lower Gibsons, this mixed-income model housing development comprises three rental units – one single family dwelling with a secondary suite (both 25% below market rental rates) and garden suite (market rental rate).
The project is a partnership between the Town of Gibsons, which contributed a 60-year land lease and some funding from its Affordable Housing Reserve, the Sunshine Coast Affordable Housing Society (SCAHS), the project leader and operations manager, and BC Housing, which provided a capital grant and holds the mortgage on the property.
Project construction began in May 2020, and in February 2021, an occupancy permit for the building was issued. The first residents moved into the new units in spring 2021.
Under a mixed-income model, some units are rented at market rate, and others below market. This is intended to make the project sustainable and self-funding.
For more information on the Franklin Road affordable housing project, please visit the project web page at the SCAHS website.