New Housing Opens in Port Coquitlam

greg-moorePort Coquitlam Mayor Greg Moore speaks at the opening of Iris House, a new facility for adults living with mental health challenges.

By: Coquitlam Now
Published: November 18, 2011

A new $4.2-million development in Port Coquitlam is not only providing supportive homes for individuals living with mental health challenges, according to the provincial government, but also acting as a community hub for mental wellness.

Iris House, located at 2050 Mary Hill Rd., is a new building owned and operated by the New View Society. It provides 10 beds for adults living with mental health challenges.

It sits on the old site of the Lobb House. In addition, the society fundraised to build amenity space in the building, which includes a community kitchen and a clubhouse for their broader programming requirements, as well as permanent office space.

The federal government contributed $655,000 towards Iris House through the Homelessness Partnership Strategy and a $10,000 Seed Funding Grant through Canada Mortgage and Housing Corp.

The province invested $1,622,524 and has pledged to provide an annual operating subsidy of $89,363.

The New View Society provided the land, valued at approximately $700,000, fundraised equity of approximately $545,722 and will require approximately $715,870 in mortgage financing.