Applications being accepted for Kelowna's 2021 housing grants

Photo: The Canadian Press

The City of Kelowna is now accepting applications for its 2021 rental housing grants program.

The program incentivizes developers to create much needed rental accommodations by providing up to $8,000 in DCC credits for eligible projects.

This is one of two developer incentives aimed at increasing the supply of rental housing within the city.

“The city offers incentives for housing in strategic ways to ensure that the type of housing and the location of new housing achieves our long-term and overall community objectives,” said Ross Soward, planner specialist. 

“The grants program encourages the supply of a more inclusive range of housing options in Kelowna.”

To be eligible for rental housing grant funding, projects must be affordable rental buildings with five or more units, must be secured by a housing agreement with the city or BC Housing, and must be in either the core area or within select village centres.

“Finding affordable homes in Kelowna can be a challenge and the Healthy Housing Strategy seeks to promote and protect rental housing by building the right supply and leveraging partnerships,” said Soward.

The application deadline is Oct. 31.