Radium gets grant to help housing – Columbia Valley Pioneer

Sep 16, 2024

The Village of Radium Hot Springs has some new financial muscle behind its efforts to create more affordable and attainable housing after recently receiving a Housing Accelerator Grant from the Canada Mortgage and Housing Corporation (CMHC).

Radium was one of 30 communities across the country to get the federal grant this year, and it could be worth up to $613,000 over the next four years.

The grants are a relatively new program, launched in early 2023 and meant to help municipalities and First Nations in Canada create new housing. The 30 recipient communities were announced this August. Of the 30 recipients, 18 communities were from British Columbia, the most (by far) of any province or territory.

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