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The Land Trusts
Land trusts preserve and expand co-op
and non-profit housing throughout BC
CHF BC has worked to create land trusts over three decades. These organizations share a common mission: to support co-operative and non-profit housing and the low- and moderate income households that depend on it now and may look forward to it in the future. Similar land trusts operate in other parts of Canada, the UK and the United States.
Community Land Trust
CHLTF was established in 1993 by CHF BC members to acquire, create and preserve affordable housing for future generations and to foster self-managed housing communities in BC.
Five housing co-operatives and one non-profit housing society lease land from the Land Trust, and they provide more than 350 housing units to co-op members and residents.
For more information on the Land Trust, contact us. You may also be interested in the Land Trust study, "Linking Affordable Housing Policies to Usage: Case Studies of Municipalities in BC".
The Land Trust is a registered charity (Reg.#.: 889796470RR0001). Make a donation!
The Land Trust administers two funds to help new members cover the cost of their shares:
As part of joining a housing
The Domestic Violence Relief Fund (DVRF) is a program administered by the Land Trust to help women who have experienced or are at risk of abuse, threats or violence. Like the Disability Trust, the DVRF provides loans with no fee or interest to qualified beneficiaries. For more information, download a copy of the Domestic Violence Relief Fund (DVRF) flyer;or the DVRF Manual or contact Patrick O'Brien.
If you know a woman who might be eligible for this fund and would like information about housing co-ops please get in touch.
VCLTF was established in 2014 as a non-profit society to acquire, create and preserve affordable housing for future generations.
Land Trust Projects
The four sites partnership is a ground-breaking agreement between the co-op and non-profit housing sector, the City of Vancouver and Vancity Credit Union. The consortium aims to develop 358 units of housing affordable to a broad range of Vancouver residents, from the most vulnerable to those who simply need an affordable place to call home.
The City will provide 99-year leases on four City-owned sites to the Vancouver Community Land Trust Foundation. The Foundation will work with co-op and non-profit housing providers to develop the affordable housing, which will then be operated by the partners.
See media about Land Trust projects on our Media Room page.
The non-profit partners will invest almost $4M of their own equity to the projects. Together with the City’s land contribution, a customized mortgage arranged by Vancity and the proceeds of the commercial space sale, this equity will ensure that these homes remain affordable over the long-term.
Work began on the first of the projects in September 2015. The first residents are expected a little than a year in the future. Full occupancy of all the projects is scheduled for 2017/2018.
The Community Land Trust Foundation of BC was established in 2015. It is a non-profit society with a mission to acquire, create and preserve affordable housing for future generations. It has a particular focus on development and redevelopment projects.
CLTF BC's Director of Development is Tiffany Duzita.
220 – 1651 Commercial Drive
The key purposes of the land trust are outlined in its constitution and include the following:
CLTF BC's status as a non-profit organization is also embedded in its constitution and is unalterable.