Both Cranbrook and Kimberley are under the average property tax gap of 2.60 between residential and business for B.C communities: Cranbrook’s property tax gap is 2.57 and Kimberley’s is 2.54.
- From 2010 to 2015, Kimberley lowered its Municipal Property Tax Gap by 6.6% (Total Average Property Tax for Kimberley is $7,178). From 2010 to 2015, Cranbrook lowered its Municipal Property Tax Gap by 15.5% (Total Average Property Tax for Cranbrook is $6,743.)
New Church Avenue affordable housing development underway
After many years of anticipation and hard work, construction on the Church Avenue development in Kimberley has officially begun.
The Kimberley Seniors Project Society (KSPS) held a groundbreaking ceremony on Friday, Feb. 1, 2019, to celebrate the new development.
Local dignitaries, members of the Seniors Project Society and representatives from BC Housing and Columbia Basin Trust were all present at the ceremony to celebrate the 12 new affordable family townhomes that are already under construction.
Dana Locke Director of Regional Development for BC Housing says the development will “make a real difference in the community.”
The new housing site brings 12 new family housing units to Kimberley thanks to funding from several different areas.
“The government of Canada and BC provided a combined investment of nearly $1.6 million for the project,” Locke explained. “The Columbia Basin Trust provided $697,000 through the partnership agreement that BC Housing and CBT have – the Columbia Basin Investment in affordable housing program.”
The project also received $100,000 from BC Housing’s endowment fund.
New Dawn Developments is building the 12-unit rental complex that will see three separate buildings, each with four-unit multi-family dwellings, that will be managed by the KSPS as rental housing. The current development plan proposes to provide six two-bedroom units and six three-bedroom units with 18 uncovered stalls located within the existing Church Ave. layout. Construction is underway and the anticipated completion date is November 1 of this year.
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