DL 114

District Lot 114, District of Tofino, BC

Image: Craven, Huston, Powers Architects

Located on District Lot 114 in Tofino, in a natural setting close to trails, beaches, and local services, this project is a partnership with the District and the Tofino Housing Corporation. These homes are designed for families, seniors, persons with a disability and singles with household incomes that meet the targets of the BC Housing Community Housing Fund (CHF) program. The project features:

  • 60-year land lease via the District of Tofino
  • 20% of the homes are accessible for people with physical disabilities 
  • Phase 1: The North Building is a 4-storey apartment with 35 homes
  • Phase 2: The South Building is a 3-storey apartment complex with 37 homes. 
  • Anticipated completion of Phase 1: Spring 2023

Status:

In Construction

Partners:

Catalyst Role:

Developer, Owner, and Operator

Affordability:

  • 20% of homes are RGI Deep Subsidy units at $375 for low income residents;
  • 50% of homes are rent geared to income (RGI) units fixed at targets for residents that reflect a blend of incomes
  • 30% of homes are Affordable Market units for households at current market rents as agreed with BC Housing

Financial Information:

  • District of Tofino contributing land on long-term lease 
  • District of Tofino DCC contribution
  • Social equity investments by Catalyst and the Tofino Housing Corporation

Total Project Cost:

$10.6M

Rental Applications Begin:

Spring 2023

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