Capital Region Housing Corporation Board approves 2020 Annual Report

May 13, 2021

Victoria, BC– The Capital Region Housing Corporation (CRHC) Board has approved the CRHC’s 2020 Annual Report. The report outlines progress on strategic priorities such as providing affordable housing and delivering tenant services. It also details the CRHC’s response to the COVID-19 pandemic, increasing support for tenants during a time of uncertainty and taking appropriate precautions to keep people safe.

“The CRHC delivered more affordable new homes to a community in crisis in 2020 than it has since its inception,” said Lisa Helps, CRHC Board Chair. “This significant achievement and the positive impacts the new housing is already having for those in need remains an incredible accomplishment and will go a long way to supporting a healthy and thriving region into the future.”

Major accomplishments in 2020 include the opening of three new affordable housing developments with 355 homes for low-to moderate-income families and individuals:

  • Westview opened in Saanich with 73 affordable new homes ranging in size from studio to 3-bedroom apartments
  • Spencer Close opened in Langford with 130 new mixed-market homes as part of the Regional Housing First Program (RHFP) including 13 accessible units
  • West Park opened in View Royal with 152 new mixed-market homes under the RHFP including 20 accessible units

The CRHC also opened Hockley House in March 2021, a six-storey rental building in downtown Langford comprised of studios and 1-and 2-bedroom apartments. The property includes 12 accessible units and is the fourth building to open under the RHFP.

An overview of 2020 projects, accomplishments and financial highlights can be found in the CRHC 2020 Annual Report.

The CRHC is a wholly-owned, non-profit corporation of the Capital Regional District, developing and managing affordable housing for low income families, seniors and persons living with disabilities across the region. The CRHC has 1,893 units in 50 buildings and townhouse communities in seven municipalities. The CRHC receives no operating subsidy from regional taxpayers: 75% of funding is generated from tenant revenue and 25% from federal and provincial operating agreements. Visit us online at www.crd.bc.ca/crhc.

 

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For media inquiries, please contact:
Andy Orr, Senior Manager
CRD Corporate Communications
Tel: 250.360.3229
Cell: 250.216.5492