Helping build a more affordable BC
If you're a builder of affordable, community-owned housing, you know that early support can make or break your project.
The Vancity Affordable Housing Accelerator Program can help.
Our mission is to help organizations increase the supply of climate-ready affordable community housing to increase affordability for all British Columbians, today and for generations to come.
What is the Accelerator Program?
The Vancity Affordable Housing Accelerator Program provides grants and flexible low-cost financing to not-for-profit, cooperative and Indigenous organizations to support affordable rental housing development.
Seeded by Vancity credit union in 2011, the Accelerator Fund’s loan program has grown to $25 million, through a significant contribution of capital from CMHC’s Innovation Fund and by leveraging funds from social impact investors seeking to make a positive impact in their communities by preserving and expanding affordable housing while also generating a return on their capital.