What community support exists for the Oak Bay United Church development focuses on affordability.
The question arises, affordable for whom? Information about what the rents will actually be has not been easily accessible. A figure has been mentioned of around $1,000 for one of the “affordable” 425 foot square one bedrooms.
If accurate, this amount would really pinch the pocketbooks of many in the stated target group – pensioners, students and working people. The latter would need to earn at least $22 per hour to for their OBUC apartments to fit government criteria of 30 per cent of gross income for housing affordability.
Let’s not buy a so-called affordable pig in a poke without doing the math.