Tofino Housing Corporation
Vision: A safe, secure and affordable place to live is available to all people who call Tofino home.
PROJECT UPDATES
SHARP RD: DEVELOPMENT BEGINS FEBRUARY 8th
The initial site development for the 14 units of below-market affordable rental housing is starting at 700 Sharp Rd. Building construction will begin later in February. The project includes:
- four 1 bed units renting between approx. $875 to $1125
- four 2 bed units renting between approx. $1100 and $1550
- six 3 bed units renting between approx. $1220 and $1725
The priority is to rent to households who have been living in the region, working full time in Tofino and with household incomes less than approximately $51,000 for the 1 bedroom units, $81,000 for the 2 bedroom units and $91,000 for the 3 bedroom units.
Catalyst Community Developments Society will be taking applications from interested households towards the end of 2021 and will release more information at a later date regarding the application and selection process. Tenants will be matched to units based on household size and income. If you would like to receive an email notice when the applications process and timelines are announced please email execdirec@tofinohousingcorp.ca.
DL 114 SELECTED BY BC HOUSING COMMUNITY HOUSING FUND
The BC Housing Community Housing Fund announced on December 2nd, 2020 that the proposal from the Catalyst Community Developments Society for a 35 unit building on the northern (lot 2) site was selected for funding. The Community Housing Fund will provide a capital grant of $3,675,000 along with an operating subsidy if required. A mix of studio, 1 bedroom, 2 bedroom and 3 bedroom units will be rented to families, seniors and others at a range of different rents. Twenty percent of the units will be affordable to those on fixed incomes or social assistance, 50% of the units will have rents fixed to 30% of household income and generally eligible to those making between approximately $25,000 and $65,000 and 30% of the units will be affordable market units with rents ranging between approximately $900 and $2000 depending on unit size. Construction is expected to start in late 2021 with units available to rent late 2022 or spring of 2023.
STRATEGIC PLAN: 2021-2023
The Tofino Housing Corporation has released its 2021-2023 Strategic Plan. The plan outlines a renewed vision, mission, four focus areas and the strategic priorities for the next three years. THC has a vision of A safe, secure and affordable place to live is available to all people who call Tofino home with a mission to facilitate development and operation of below market housing in Tofino. The Plan is the Corporation's guide to take it through this first phase of development at DL 114 and Sharp Rd and the actions required to set the stage for meeting its 2030 development target. For more information on the THC focus areas and strategic priorities and actions please consult the Strategic Plan.
SOLD!
The 1 bedroom Price Restricted Resident Restricted home at Gateway that was offered for sale in November 2020 was sold to Jess McGarry and Glen Pearson. They were the lucky winners of the Purchase Lottery and the THC wishes them all the best in their new home:
Glen Pearson
Occupation: Apprentice Carpenter/Small business owner at Specifically Pacific Designs. Passionate about: Spending time in the water and exploring the great outdoors.
Jess McGarry
Occupation: Visitor Services Coordinator.
Passionate about: People, paddling, & living the Island-life sustainably