HOUSING

Downtown Housing Project

How This Project Came to Be

Years in the Making

Golden CED has been working with the Town of Golden for several years to identify an appropriate Town-owned site for the development, as it is typically a standard practice for a municipality to contribute land for affordable housing projects.

Seizing an Opportunity

In 2022, Golden CED and the Town of Golden determined that the property at 527 9th Avenue North was best suited for this purpose, supporting the OCP that outlines goals for residential and multi-family development as well as prioritizing mixed-use commercial development downtown. A Memorandum of Understanding was signed in December 2022, outlining the intention for the Town to sell the land at a discount to Golden CED for the development and operation of affordable housing. 

Developing the Vision

The Downtown Housing Project is an innovative community-owned and operated housing development that prioritizes affordability, sustainability and inclusivity.

This new residential building will provide 27 residential units, including a mix of:

  • 21 One-bedroom apartments;
  • 6 Two‐bedroom apartments;
  • 5 Commercial/retail units on the main floor. 

Project Concept & Key Features

  • Community-owned and operated development, by the community and for the community.
  • Commercial spaces acting as a social enterprise for Golden CED to support their work in continuing to develop and operate affordable rental housing in the Town of Golden.
  • Rental apartments that will house residents of Golden and Area A with low to moderate incomes.
  • It is a visually appealing building that will add to the charm of the historic downtown core.
  • Mobility-enhanced floor plans for all 1-bedroom and 2-bedroom living spaces, including 3 units specially designed to be universally accessible.
  • Sustainable features include close walking or rolling proximity to services, thus reducing the cost of living for tenants.
  • Exceptionally energy efficient for sustainable living and lowering heating and cooling costs.

Frequently Asked Questions

Funding and Program Details

This project will provide 27 rental units at a range of rental rates to support individuals and families of varying income levels. The project provides a mix of 1- and 2-bedroom apartments. The intention of this development is to support attainable housing options for individuals and families living and working in Golden.

With all its housing work, Golden CED prioritizes the development and operation of housing for local and long-term residents of Golden.

No. This housing development is for those who can live independently, as one would in regular market rentals.

To fund the residential portion of this development, Golden CED successfully applied to BC Housing’s 2023 Community Housing Fund proposal call. This was a highly competitive province-wide funding call, only 13 projects were awarded in the BC Housing Interior Region. We are grateful for our funder support.
The commercial spaces are not funded through this grant.

The rental rates for residential units will align with the Community Housing Fund requirements. Households earning up to the Maximum Household Income limits will be eligible for these units. These income thresholds are subject to change and are updated annually by BC Housing. Rents will be finalized closer to project completion.

More information on the program, including rent criteria, eligibility and income limits can be found on the BC Housing website.

BC Housing uses National Occupancy Standards to determine what size of unit a household can apply for, with some exceptions and flexibility based on community need.

  1. There shall be no more than 2 or less than 1 person per bedroom.
  2. Spouses and couples share a bedroom.
  3. Parents do not share a bedroom with children.
  4. Dependants aged 18 or more do not share a bedroom.
  5. Dependants aged 5 or more of opposite sex do not share a bedroom.

For more information on National Occupancy Standards and how they are applied to subsidized units please visit: Subsidized Housing | BC Housing.

Complete this survey so we can contact you about updates on the progress of this development and when we will accept rental applications. Otherwise, keep an eye out for updates on our website.

We will have a waitlist for pre-approved applicants matched to specific unit size and design. More details will come once the application process is open.

Commercial Units

The ground floor of the building will have approximately 200 square meters of commercial space. The initial design includes five small commercial units.

Golden CED will rent the commercial units at market rates as a social enterprise to continue to expand the affordable housing program in Golden.

The commercial spaces will also contribute to a vibrant and active downtown core, with smaller commercial spaces that are suitable to a variety of business types and offer space for more businesses to serve locals and visitors in a high visibility area of our downtown core.

Complete this survey so we can contact you when the commercial units will be ready for rent and how to apply.

Project Supporters

Housing Initiatives

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For thousands of years, the abundance of the earth’s lands and waters provided us to live, work and play is a result of the ecological wisdom, stewardship and reciprocal relationship of the Ktunaxa and Secwepemc peoples whose unceded territory we continue to live, work and play. The area is also the chosen home of the Metis Nation Columbia River.
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