The Greater Victoria Housing Society estimates we will need 360+ more rental apartment units to be built each year for the next 25 years.
Call it socially responsible entrepreneurship — a chance for builders to make a return while providing affordable housing for people such as fixed-income seniors or single parents. The 56-year-old Greater Victoria Housing Society believes the best way for it to serve a social need like low-cost rental housing is to work with builders and developers in partnerships.
Source: Times Colonist
Author: Richard Watts