OTHERAPPROVED

Grant for New Affordable Housing Units Approved

Victoria City Council approved a $757,500 Victoria Housing Reserve Fund grant to M’akola Housing Society, to build 55 units of affordable rental housing at Langford and Alston Streets, with affordability secured for 60 years.

Status
APPROVED
Document date
January 23, 2025
Contract type
OTHER
Vendor
M’akola Housing Society
Agency
City of Victoria · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$757,500
Contract type
OTHER
Contract term
60 years (secured as affordable or below-market)
Renewal
Grant secured by 60-year affordability agreement and staged payments; project subject to further permitting and agreement finalization.
Document type
Agenda
Source document
City of Victoria Committee of the Whole Agenda January 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Victoria?

M’akola Housing Society was awarded this government contract by City of Victoria, as recorded on January 23, 2025. The contract value is $757,500.

How much is the M’akola Housing Society contract with City of Victoria worth?

The M’akola Housing Society contract with City of Victoria is valued at $757,500.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Victoria Committee of the Whole Agenda January 2025 (Agenda), dated January 23, 2025 from City of Victoria. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does M’akola Housing Society hold?

M’akola Housing Society may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View M’akola Housing Society's profile

What is City of Victoria currently buying?

Explore City of Victoria's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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