There is confusion in Mission regarding the denial of funding for an affordable housing development on 2nd Avenue. The building has 92 units ready for occupancy next month, making it the tallest building in Mission. Without funding, the developer may have to rent out the units at market price. It is unclear why the application was denied, but the CEO of Apex Western Homes believes it may be due to the installation of gas instead of electricity, a code requirement that was not in place when the development process began. The developer, Raymond Vesley, expressed his disappointment at the denial, as the building was ready for occupancy with a ribbon-cutting ceremony planned.
Vesley partnered with a non-profit housing provider called More Than A Roof Housing Society, who expressed their hope that an alternate path forward can be found so that the affordable housing development in Mission can receive the necessary funding to be completed. Mission’s mayor also expressed confusion over the denial of funding, stating that there is a significant need for affordable housing in the community. He described the building as purpose-built, concrete, and gorgeous, making it an attractive option for those in need of affordable housing. The community is hopeful that a resolution can be found to ensure the project moves forward.
Housing Minister Ravi Kahlon weighed in on the situation, stating that he does not believe the building was rejected solely due to the use of gas instead of electric. He explained that BC Housing conducts independent reviews of all applicants for affordable housing projects, and while this particular project ranked well, it did not receive funding. Kahlon mentioned that the project could apply for the Indigenous Housing Fund, which is available and open for applications. He acknowledged the challenges in the housing market and the limitations on government resources, stating that not every project can receive funding.
Despite the denial of government funding, the developer and housing provider are hopeful that a solution can be found to secure the necessary funds for the completion of the affordable housing development. The community in Mission is rallying behind the project, recognizing the urgent need for affordable housing options in the area. The confusion surrounding the denial of funding has sparked conversations about the criteria used by BC Housing to determine eligibility for funding programs. There is a shared desire among stakeholders to see the project move forward and provide much-needed affordable housing options for residents in Mission.
In a statement to Global News, More Than A Roof Housing Society emphasized their commitment to operating the building if funding is secured. They expressed their willingness to work with the relevant agencies to find a way to move the project forward. The denial of funding for the affordable housing development has brought attention to the challenges faced by developers and housing providers in securing funding for such projects. The community’s support for the project underscores the importance of affordable housing initiatives in addressing the housing crisis in Mission and beyond. There is optimism that a resolution can be reached to ensure that the building can serve its intended purpose of providing affordable housing to those in need.
