The Town is working in partnership with the Sunshine Coast Affordable Housing Society (SCAHS) to build three rental units – one single family dwelling with a secondary suite (both 25% below market rental rates) and garden suite (market rental rate) – on the proposed property at Franklin Road/Harmony Lane.
The Town is contributing a 60-year land lease and some funding from its Affordable Housing Reserve to the project, and BC Housing will hold the mortgage. SCAHS will manage and operate the three rentals when completed. This is the Society’s first affordable housing project.
In May 2020, the SCAHS announced that construction on the project had begun. They also stated that New Commons Development awarded the SCAHS with one of their Small Communities Initiative grants, which will help with the construction of the Franklin Road Project.
For more information on the Franklin Road affordable housing project, please visit the project web page at the SCAHS website.