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Making a Difference – Place to Call Home Fundraising Campaign
The Urgency
With less than 1% vacancy rate, the North Okanagan is experiencing a critical shortage of affordable rental housing. Employers are challenged to attract and retain workers. Current one-bedroom units are listed for over $2000 per month causing many young families to decide between rent and groceries or move out of our province.
The People
The Community Foundation of the North Okanagan 2023 Vital Signs Report states that “the median total household income is $77,500”. Even with this income, housing is a challenge for many. It could affect your healthcare workers, childcare staff, frontline and personal service personnel, etc. or your employees.
Our Project
OKVHS has purchased two acres at 6545 Okanagan Landing Road with the help of a generous $1,000,000 gift from an anonymous donor! With your help, we aim to raise an additional $1,000,000. This would give us clear title to the property, eliminating the burden of land cost and making the rents affordable.
With Provincial Financing, we will build a multi-family complex of ninety-six rental units, consisting of 1, 2, 3 and 4 bedroom suites. Construction anticipated to begin January 2025 providing over two hundred residents with A PLACE TO CALL HOME by November 2026.
The Benefits
Good people have access to much needed affordable housing.
Employers can attract and retain workers.
A stable and sustainable workforce contributes to local business and community.
Contact Information
Phone: | (250) 545-6475 |
E-mail: | [email protected] |
Address: | Okanagan Village Housing Society #100 - 3502 27th Avenue Vernon, BC V1T 7A1 |