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Invitation for Applications for Town of Osoyoos Affordable Housing Program

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Invitation for Applications for Town of Osoyoos Affordable Housing Program
Servicing of the 26-lot Richter subdivision is near completion ready for lot sales to the private sector, including four affordable housing lots (i.e.15%) to be interspaced among the full-market housing. The Town has signed an option to purchase agreement with Hart Buckendahl of Osoyoos-based, Ellcar Construction for up to 20 lots to build their “Meadowlark Place” housing development, with their first phase consisting of four single-family homes including two affordable units, and one duplex. All single-family homes will be built on narrow frontage lots to save land and servicing costs but are ample-sized to accommodate two-storey, 2400 sq. ft. homes for family living. A tot lot will be included in the subdivision.
An affordable home application form can be accessed on the Town’s website " Affordable Housing Meadowlark Place" and may be submitted digitally or by hand to the undersigned. The site also contains Council’s NMAH program guidelines, the subdivision plan including the first two affordable home locations, and architect-designed house examples from Ellcar Construction. All affordable home exteriors will be identical to comparable market units though some interior details may differ. All affordable homes will be reasonably priced and in addition the Town will gift 15% of the appraised value, with the program recipient being responsible for the remainder.
This exciting new public-private enterprise will expand home choices for current and possibly future Osoyoos families to assist community, social and economic sustainability, and return taxpayer value for use of public lands.
Town of Osoyoos
8707 Main Street
Osoyoos BC V0H 1V0
250.495.6515
info@osoyoos.ca
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