A local financial expert is floating a concept for affordable quality seniors housing.
Rossland’s Stephen Hill, a past Conservative Party candidate, is pitching the idea of building pods of 14 to 18 units on vacant city-owned land in local communities.
The cost of that land would be rolled into the strata fees over a 50-year pay back period.
That would allow new homes to sell at least $100,000 below normal cost.
Hill says he brings the financial expertise but there needs to be local and political champions to get behind the idea and help seniors stay resident in our communities.