Services - Shuswap Independent Living Association

By: Sila Housing  09-12-2011

The Terrace on Broadview
The Terrace was built in 1997 and is located at 3110 Second Ave NE, Salmon Arm, BCQualifications for applying for residency at The Terrace include; Low-Income Families, Moderate-Income Families, Persons with Disabilities and in some cases Seniors.The Terrace has 40% of its units set aside for "Market Rent" housing, these units are appraised on a regular basis and have there rent set to 90% of the local market.  The remaining 60% of the units are classified as "Rent-Geared-to-Income" and rent is charged at 30% of the resident or family gross income up to a maximum of the present Market Rent.