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In September 2017, a once-notorious establishment in Surrey, where sirens had rung out daily and women were profoundly exploited, underwent an incredible transformation with support from the Surrey Homelessness and Housing Society, which provided a $75,000 responsive grant for much-needed renovations.
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In 2017, with an investment from the Canadian Mortgage and Housing Corporation’s Affordable Rental Housing Innovation Fund, the PDF Loan program expanded and introduced a new Pre-Construction loan that provides additional and longer-term capital into non-profit affordable rental housing initiatives.
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No money changed hands. A contract was signed to acquire 31 new units of below market rental housing in the City of Richmond, BC. And all of the players received what they wanted in the ultimate win-win-win scenario for non-profit housing in this province.
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As an independent non-profit urban development organization based in Vancouver, BC Artscape aims to create the conditions for artists and creative communities to thrive by developing and managing affordable space, programs and services.
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Together with Catalyst Community Developments Society, and Simon Fraser Society for Community Living (with SHARE Family and Community Services), St. Andrew’s United Church in Port Moody is pursuing a vision for a re-development of their existing Church property that will greatly benefit the Tri-Cities community.
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Back in 2012, Central City Foundation approached Vancity and Vancity Community Foundation about financing the purchase of a building in New Westminster. Central City Foundation was interested in providing a low cost lease option to a local non-profit, Aunt Leah’s.
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The Westcoast Genesis Society is a non-profit organization and registered charity that formed in April 2000. From the onset, its mission was to actively promote the physical, psychological, emotional, and spiritual well-being of persons who are socially marginalized in the community. This led to supportive housing and programs for adult male offenders and the chronically homeless. Maria Keary Cottage is...
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Atira Property Management Inc. means a lot of good for a lot of people. Atira Women’s Resource Society is a non-profit organization committed to ending violence against women. They do this through direct service, education, and increasing awareness about the impact violence against women and children has on our communities. Atira operates 12 transition and long-term housing sites in the...
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For the last quarter century, Vancity Community Foundation has been creating impact in a number of forward-thinking ways. One such example is by making Program Related Investments (PRI), whereby we provide direct loans to organizations investing in real estate. As a result, every month, these organizations get closer to owning their buildings outright, and we see returns on these crucial...