Mandate
With the adoption of this Business Plan, Council adopted the following mandate for the municipal housing corporation.
To facilitate a supply of suitable, attainable, and sustainable rental and ownership units in the Town of Creston that are accessible to a larger portion of the population, in a financially prudent manner that supports economic development and workforce development.
Goals
To support the Town of Creston’s focus, outlined below is the Creston Valley Housing Corporation’s Five-Year Goals. The Creston Valley Housing Corporation will continue to facilitate the supply of attainable housing past 2028.
What will be built in the First 5 Years?
- 50 – 60 Rental Units, Beginning in 2025
- 12 - 20 Ownership Units, Beginning in 2025
Who Will Benefit?
There are several groups that will benefit from this work:
- Targeted Tenants - Seniors, Healthcare and Social Assistance Employees, Manufacturing, Agriculture & Trades Employees.
- Local Residents - Housing security will result in a more inclusive community that attracts families and younger populations driving economic growth.
- Local Businesses - Over time there will be a larger and more financially secure customer base as well as increases in employee attraction and rentention.
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