SOCIAL PURPOSE REAL ESTATE – VCIB

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Non-profit moves from renter to owner to preserve affordability

Oct 10, 2023

After more than a year of uncertainty, celebratory cheers rung out down the halls. Residents had just learned that St. […]

Ottawa’s community land trust purchases its first property

Dec 1, 2023

Widespread gentrification, evictions, and a rampant cycle of rent increases has left many people feeling anxious about the future of [...]

Phoenix Housing Co-op: Overcoming the challenge of mortgage refinancing

May 29, 2023

Between the 1970’s and 90’s, thousands of housing co-operatives were set up across Canada to provide affordable housing options for [...]

For housing co-operatives, land trusts and non-profits, specialized financing is the missing piece to scale affordable housing

Mar 22, 2023

Unaffordable purchase prices, rapidly increasing rents, and rising interest rates are just a few of the many obstacles Canadians [...]

Union Co-operative permanently preserves 58 affordable homes

Nov 15, 2022

Tuesday, November 15, 2022, Traditional territory of multiple Indigenous nations, including the Haudenosaunee and the treaty territory [...]

Tried-and-true financing model preserves and protects Toronto’s affordable housing

Nov 7, 2022

To Parkdale’s lack of affordable housing options, a neighborhood land trust offers an inspiring response: community ownership and [...]

Helping affordable housing providers protect their investments with the new Affordable Housing HISA

Oct 20, 2022

What is the Affordable Housing HISA? The Affordable Housing HISA is a high-interest savings account designed to help non-profit [...]

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Vancity Community Investment Bank is a member of CDIC and is a Certified B Corp^TM