The Ryder is a 40-unit affordable rental community which opened for tenants in April 2020. It is the first of Anhart’s projects to be completed in Hope, BC – a small town which has experienced a rental housing shortage due to rapidly rising property values and loss of units.
The Ryder’s tenant selection focuses on people who already live or work in Hope, supporting seniors, people working entry to mid-level jobs, people with disabilities, and small families. The building includes studios, two and three bedroom units.
The Affordable Community Housing Accelerator Fund loan helped them cover costs associated with pre-construction for the project – such as advancing building design, obtaining permits, and advancing the project through construction and into occupancy.