News
Insights: How much affordable housing can we build on public land? Most cities and towns have vacant or underutilized land owned by the municipality and other levels of government. For instance, an easy walk from my home takes me past a vacant patch of land where an old firehall was demolished when a bigger one was built nearby. While previously...
Initiative
A project of Vancity Community Foundation, 312 Main is a centre for social and economic innovation, located in Vancouver’s Downtown Eastside. 312 Main brings together mission-driven social entrepreneurs, technological innovators, artists, not-for-profit organizations, organizers, and local residents to foster economic development, social innovation, cultural creativity and economic inclusion.
Story
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.
Story
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.
Story
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.
Story
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...