$2.9-million affordable rental housing opened in Vernon

VERNON – Families and individuals in need in the community of Vernon now will have access to 20 new affordable rental housing apartments with the official opening of Vernon Viridian today. Located at 3705 - 24th Ave., the new townhouse development consists of eight bachelor, eight one-bedroom and four two-bedroom units managed and operated by Kindale Developmental Association. The capital cost of the project was approximately $2.9 million, of which the B.C. government provided over $2.85 million for the purchase of the land and capital costs. The City of Vernon waived over $81,370 in development cost charges. Tenants began to move in mid-September. Approximately half of the development’s units are rented with full occupancy expected by late November.