A total of 165 new rental homes are open or underway across two projects
Summary
- Eighty new affordable rentals for seniors, families and individuals open at 346 Campbell Ave.
- Construction is underway on another 85 homes at 377 Tranquille Rd. for people with middle incomes
- The Province is supporting both projects to help expand housing options in Kamloops
KAMLOOPS - More people in Kamloops will have access to 165 new rental homes with the opening of The Confluence and construction is underway on another development in the community.
It is part of nearly 2,350 homes in Kamloops and Tk’emlúps te Secwepemc.
“People need access to more homes that fit their needs and budgets,” said Christine Boyle, Minister of Housing and Municipal Affairs. “These new homes in Kamloops give residents more choices so they can stay in the community they’ve built their lives in. Expanded housing options in Kamloops are a result of strong partnerships that will support the diverse and growing needs of people in the community.”
Opening of The Confluence
The Confluence at 346 Campbell Ave. brings 80 affordable rental homes to Kamloops residents. Delivered through the Community Housing Fund program, it offers a range of rental rates to support seniors, families and individuals with low to moderate incomes.
Responding to the need for larger, family-oriented rental housing, 75% of the homes have two or three bedrooms suitable for growing families. The Confluence will be owned and operated by ASK Wellness Society, an experienced housing operator in the B.C. Interior.
This six-storey building is located on the North Shore, close to transit, a medical centre and other services. The Overlander Bridge is also nearby, providing easy access to the downtown business district and additional community amenities.
People will be moving into their new homes in June 2026.
More housing on the way
In addition to the new homes, construction is also underway on an 85-home development at 377 Tranquille Rd. through BC Builds. Once complete, it will provide a mix of studio to three-bedroom homes that will meet various household needs. The homes will be owned and operated by the City of Kamloops’ newly formed Kamloops Community Land Trust Foundation. More information will be available as the building nears completion, estimated for late 2027.
“City council is proud to have been a part of advancing the vision for this key North Shore property by partnering with BC Housing and ASK Wellness on the back lot, endorsing the Kamloops Community Land Trust Foundation, and advocating for attainable housing through BC Builds,” said Katie Neustaeter, deputy mayor of Kamloops. “This investment delivers much‑needed affordable and market rentals and aligns with the emerging Tranquille Market Corridor vision as part of the North Shore plan.”
The projects are part of a $19-billion housing investment by the B.C. government. Since 2017, the Province has more than 95,000 homes that have been delivered or are underway, including nearly 2,350 homes in Kamloops and Tk’emlúps te Secwepemc.
Quotes:
Bob Hughes, executive officer, ASK Wellness Society –
“The construction and opening of The Confluence reflects our vision of creating an intergenerational housing community in the heart of the Tranquille Village. We have proudly called this neighbourhood home for over 20 years, and the development of this purpose-built affordable housing project, with support from BC Housing and the City of Kamloops, is an important step in the area’s continued growth and development. We’re incredibly excited to welcome people home to this spectacular building.”
Colin O’Leary, board chair, Kamloops Community Land Trust Foundation –
“Seeing this site move into active construction marks a meaningful step toward strengthening housing stability in Kamloops. This project reflects years of planning, collaboration and a commitment to ensuring attainable housing remains a cornerstone of our city’s future. With support through the BC Builds program, we can deliver homes that better match the incomes of local residents while contributing to the long-term revitalization of the North Shore.”
Learn More:
To learn how B.C. is working to deliver more homes for people, visit: https://gov.bc.ca/homesforpeople
A map showing the location of all announced provincially funded housing projects in B.C. is available here: https://www.bchousing.org/homes-for-BC
To learn how BC Housing is helping to build strong, inclusive communities, visit: https://www.bchousing.org/podcast
BACKGROUNDER
The Confluence, 346 Campbell Ave.
- The development provides 80 affordable rental homes to people with low to moderate incomes.
- The Province, through BC Housing, provided a Community Housing Fund grant of approximately $9 million and will provide annual operating funding of approximately $1 million.
- ASK Wellness Society owns the lands and operates the homes.
377 Tranquille Rd.
- The mixed commercial-residential development will provide 85 new rental homes above a commercial space.
- The residential portion will be owned and operated by Kamloops Community Land Trust Foundation, a non-profit organization established by the City of Kamloops to acquire, hold and steward land for long-term attainable and affordable housing in the city.
- The Province, through BC Builds at BC Housing, is providing a grant of approximately $9.6 million and construction financing of approximately $19.6 million.
- The land, valued at approximately $2.3 million, is owned by the City of Kamloops, which will lease the property at a nominal rate.
- ARPA Investments contributed cash equity of $2.5 million for the commercial space in the development and will own the space.
- The building is under construction and is expected to be complete in late 2027.