Affordable Housing
Under Community Ownership
Since applications opened in June 2023, more than 130 Non-Profits Housing Organizations have initiated applications through the Fund with 30 Pre-Qualified Applicants approved to-date.
Non-profit organizations play a pivotal role in providing, developing and managing social support and affordable housing in British Columbia with approximately 75% of affordable housing stock currently operated by non-profits.
The following represents the Non-Profit Housing Providers that have advanced through the Stage 1 Process as of the time of this report, and are now actively acquiring properties that meet the Fund’s eligibility criteria. With the support of the Fund, these organizations will acquire, renew, and operate rental properties that were previously at-risk of displacement, under a non-profit, affordability-focused mandate.