Tofino Housing Corporation
Vision: A safe, secure and affordable place to live is available to all people who call Tofino home.
PROJECT UPDATES
Headwaters North and South
The Catalyst Community Developments Society has received confirmation of grant amounts and financing and has started construction of Headwaters South (Bldg B). Construction of Headwaters North (Bldg A) is continuing.
If you would like to receive regular updates about the construction schedule and activities please email Robin Petri, the Development Manager, at robin@catalystcommdev.org. More information on the project and preliminary details of the anticipated rental housing application process is available at the Headwaters FAQs page.
The BC Housing Community Housing Fund has selected both Headwaters North (35 units) and Headwaters South (37 units) as affordable rental housing projects. The Fund will be providing a capital grant of approximately $7.7 million to the two rental housing projects and an ongoing operating subsidy. 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.
Headwaters Construction Update
Construction is continuing on the Peterson Drive extension and Headwaters North and South. Recent progress has included:
- Framing starting on the North building
- Installation of perimeter drain on the North building
- Clearing and leveling the South building site
- Installing foundation anchor rods for the South building.
The planned progress through January and into February includes framing the North building and forming and pouring the South building foundations.
PETERSON DRIVE DUPLEXES UPDATE
The Tofino Housing Corporation completed the Purchase Lottery on October 4th for the half-duplexes at 346 and 356 Peterson Drive.
The Purchase Lottery included a total of 6 eligible applicants that were randomly ordered. All applicants were given an opportunity to get pre-qualified for a mortgage to be able to sign a Pre-Construction Purchase Contract. Unfortunately, there were not enough of the applicants who were able to pre-qualify and the Tofino Housing Corporation has put the Peterson Drive Duplexes project on hold. We are now in the process of considering what to do next, including reviving the project under similar or revised parameters.
More information on Price Restricted Resident Restricted housing is available at Housing for Sale.
Tofino Housing Corporation Overview
As the construction of the rental housing at 700 Sharp Rd (down the road from the Dolphin Motel) is underway and the first apartment building at DL 114 (up behind the Peterson Drive housing) is scheduled to begin construction later this year, the THC has released an overview publication: why THC exists, who is eligible for THC-facilitated housing and how THC is funded.
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.