Construction begins on 103 units for Indigenous Vancouver residents – Construct Connect
November 8, 2023
VANCOUVER – Construction is underway on a new building with 103 units for Indigenous residents and people experiencing or at risk of homelessness in Vancouver’s Downtown East Side.
The mixed-use concrete-frame development will be 11 storeys and will include 35 supportive housing units and another 68 rental homes prioritized for Indigenous residents.
Combined funding of $64 million was announced on Nov. 6 for the First United project, located at 320 E Hastings Street. The project is a partnership between the federal government through the Canada Mortgage and Housing Corporation (CHMC), the Province of British Columbia through BC Housing, the City of Vancouver, the Aboriginal Housing Management Association, First United and the Lu’ma Native Housing Society.
The federal government contributed $5.15 million, with $28.4 million from the Province of B.C. and approximately $24.4 million in land costs and equity fundraised by First United, with an additional $9.6 million still to be raised through the First Forward Capital Campaign. The City of Vancouver contributed approximately $6.73 million in funding and municipal waivers.
