Nanaimo will contribute $75,000 towards an affordable housing pilot project
The city will contribute $75,000 to the Nanaimo Prosperity Corporation as part of an effort to increase the number of affordable-housing units in the municipality, but some council members have expressed reservations.
At the council meeting on Monday, July 20, Coun. Tyler Brown said he strongly opposes committing the funding to an initiative which would see up to 400 non-market housing units sold at 40 per cent below market value within the next two years as part of a pilot project.
He said he a