City of Nanaimo Regular Council Meeting Agenda March 2026
Housing Agreement Adopted for Affordable Units at Boxwood Road
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Description
The City of Nanaimo entered a housing agreement with Provincial Rental Housing Corporation to secure 22 units of complex care affordable housing at 1850 Boxwood Road. Terms ensure long-term affordability and supportive use.
Contract Details
Vendor
PROVINCIAL RENTAL HOUSING CORPORATION
Agency
City of Nanaimo, Canada
Contract Type
OTHER
Document Date
March 2, 2026
Renewal Info
Agreement effective upon issuance of occupancy certificate; terms continue as registered covenant until modified or released by City. Liquidated damages for breach stipulated at $100/day, subject to annual increase.
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