Our Services

 We help catalyze the early stages of your affordable housing planning and development process. We provide grant funding for the vision, feasibility, and business planning phases of a project, including capacity-building grants to help strengthen your organization’s ability to manage and undertake real-estate development projects.  We also provide low cost flexible loans to support expenses during the early phases of development – the acquisition and pre-construction phases – to help cover expenses like detailed project design and drawings, municipal approvals, and project costing and financial planning.

You're Reading:

Here are some ways we can help at every stage of your process:


Real Estate Vision, Strategy, Concept Development and Capacity Building.
Your real estate decisions and initiatives should be grounded in your organizational vision, strategic priorities and values. Through  workshops and grant funding, we can help you explore your organizational priorities and space needs, assess your real estate assets and opportunities, and develop your real estate strategy, action plan, and/or project concepts.  We also provide capacity-building grants to help strengthen your organization’s ability to manage and undertake real estate development projects.  

Feasibility and Business Planning.
When you have a  project concept that you are ready to explore further, we can support you with grants to help you engage the expertise you require to carry out feasibility and business planning for your affordable housing real estate project.

As your project moves forward with acquisition, due diligence, completion of site and building plans, detailed financials, and zoning approval, we can bring the capital you require at this stage though access to a Vancity Affordable Housing Accelerator Fund loan. We can also work with you to secure additional investors and partners and arrange construction financing. 


Construction and Occupancy.
We can connect you with construction and/or mortgage financing options from Vancity, and in some instances may be able to help address capital gaps through impact investments or equity-like financing options directly from Vancity Community Foundation.

You're Reading:

We seek project and initiatives where we see:

Alignment with Vancity priority sectors and areas of impact.
ncluding climate; economic and social inclusion of vulnerable populations, Indigenous communities and the co-operative economy.

Innovative Models and Collaborations.
We want to support and learn from projects that are applying or testing new approaches to social purpose real estate development including enterprising mixed-purpose and/or mixed revenue models, interesting development and/investment partnerships or collaborations, or innovative land-use or building practices.

Potential for impact.
How compelling and significant are the potential impacts of the projects in delivering more affordable housing and/or maintaining or increasing new community-owned assets that will address priority community needs.

Potential viability.
Does the initiative (even at an early stage), demonstrate some potential for financial and technical viability, including the capacity of the organization to raise the required capital and resources to move the project forward.

Organizational commitment and readiness.
Does the organization demonstrate entrepreneurial capacity and spirit, readiness, commitment and capacity to use investment from Vancity to move forward with a social purpose development or redevelopment project.

We seek to support Affordable Housing Development Projects that prioritize being climate-ready and will ideally pursue step 3 of the BC Energy Code or greater.

You're Reading:

The Vancity Affordable Housing Accelerator Fund provides loans to not-for-profits during the pre-construction phases of your affordable housing development project:

Pre-Development Loan.

To help with soft costs associated with rezoning and development permit processes. These loans provide essential risk capital as the project advances into securing municipal approvals and more detailed design and planning.

  • Offered at a rate of 2% simple interest
  • Repayable upon the first draw of construction financing.
  • The loan proceeds must be spent on real project costs outlined in the submitted project budget.
  • Terms and conditions apply

Pre-Construction Equity Loan.
The longer-term patient nature of this loan provides greater financial stability for a project by allowing organizations to carry capital into the construction and occupancy phases, and can remain in a project up to 5-years post occupancy.

  • Offered at a rate of 2% simple interest
  • Repayable upon the first refinancing of a take-out mortgage, after five years of operations.
  • The loan proceeds must be spent on real project costs outlined in the submitted project budget.
  • Terms and conditions apply

Acquisition Loan.

Allows organizations to compete with investors and market developers on real estate acquisition opportunities by providing capital for down payments and short-term holding costs required to secure land and close on acquisition deals for buildings.

  • The interest rate and repayment terms are determined on a case-by-case basis depending on the project needs and timelines.
  • Terms and conditions apply.

Eligibility Requirements. 

  • You are a not for profit, co-operative, First Nation Government, or Indigenous Organization
  • You have site control of land, either through ownership or a long-term lease
  • You have a viable project proforma that includes a cash-flow for how the project and future operations will be sustained
  • You have a viable project and business plan.
  • Check out our Borrower FAQ here.


*The Vancity Affordable Housing Accelerator Fund is administered through the Greater Vancouver Community Assistance Foundation and the Fund may change from time to time.

  • We work with not for profit organizations, Co-operatives, and Indigenous organizations whether working independently or in partnership with a for-profit or non-profit real estate developers or other stakeholders.


  • Priority is given to initiatives that are member organizations and/or located in the Vancity service regions: Metro Vancouver, the Fraser Valley, Southern-Mid Vancouver Island, Squamish and Alert Bay.


  • If you have a real estate challenge, opportunity or project that you think sounds like a fit, please get in touch with us.  Our team will connect with you to arrange a meeting and explore opportunities to work together.