Aboriginal Housing Society to take over apartment building

The provincial government is partnering with the Aboriginal Housing Society of Prince George to purchase a six-unit apartment complex.

Located at 2541 Oak St., the federal and provincial governments are providing joint funding of about $840,000 to purchase and renovate of the building, made up of two one-bedroom units and four two-bedroom units.

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"By helping to purchase this building, we are protecting these affordable homes for people in Prince George," said Municipal Affairs and Housing Minister Selina Robinson, Minister of . "Through this partnership with the Aboriginal Housing Society of Prince George, we're keeping rents for these homes affordable for the residents and ensuring that needed upgrades are made to the building."

The society has assumed ownership and operations, the current tenants will not be affected and their monthly rents will be carried over at the same rates.

"We are excited to be able to keep these homes on the market," said AHSPG executive director Christos Vardacostas. "Having a home is fundamental, and this is a great opportunity for us to work with the Province to make sure these spaces stay affordable and available."

The funding is being provided through the HousingHub, a BC Housing branch that works to increase affordable rental housing and home ownership options for middle-income British Columbians.

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