New Denver’s Osprey Residence officially complete

The Village of New Denver now has 10 new affordable rental units for seniors and families with the completion of the Osprey Residence.  

The two-storey building at 602 Slocan Ave provides a mix of studio, one-, two- and three-bedroom units, including four fully accessible homes, to meet the diverse needs of the community.

Additionally, the development has two green spaces to foster a sense of community among residents and is well connected to nearby services and amenities. 

The project was funded in partnership through BC Housing, the Canada Mortgage and Housing Corporation, Columbia Basin Trust, the Village of New Denver and the New Denver and Area Housing Society (NDHAS). 

The Province, through BC Housing, provided approximately $1.2 million for the project and is providing approximately $100,000 in annual operating funding.

“We are so very happy that we were able to build this housing complex for our community with the help of all our partners,” said Jan McMurray, president, New Denver and Area Housing Society.  

“Thank you to all our funders and local donors, and a huge shoutout to our development partner New Commons Development and the Slocan Valley Housing Society. The project greatly benefited from their experience and expertise.” 

NDAHS was the original non-profit partner for the project and is in the process of transferring ownership and operations to the Slocan Valley Housing Society. 

Rents depend on unit size and tenant income. The Osprey provides deep-subsidy units, units with rent geared to income for people with low or moderate incomes, and affordable market units for people with moderate incomes. 


Be the first to know! Don’t miss out on breaking news and daily updates in your area. Sign up to MyKootenayNow News Alerts.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Zoey – a dog with a mix of everything!

This weeks Summit Radio Pet of the Week from the BCSPCA is Zoey!

B.C. boosts funding to expand RCMP hate crime unit

British Columbia is significantly expanding the RCMP’s provincial hate crimes unit.

This year’s West Kootenay-Boundary Move to Cure ALS Walk raises over $20k

West Kootenay-Boundary Move to Cure ALS is walking the talk, all the way to $20,176.

Does the Kootenay-Boundary Regional Hospital need a second access?

The West Kootenay-Boundary Regional Hospital District Board has raised the long-standing issue of the need for a second access to Kootenay-Boundary Regional Hospital in Trail.

Pape signs with Smoke Eaters

The Trail Smoke Eaters have signed another German defenseman.
- Advertisement -