If analysis shows borrowing is part of the solution, we can help your co-op with financing options. Some co-ops also need to refinance existing debt independently of funding new capital projects. We can help with that, too. Vancity is a program partner, but co-ops retain full independence in deciding who to work with.

In some cases, co-ops may be eligible for financial assistance from government.

• CMHC offers the Co-investment Fund — Renewal and Repair Stream. It’s first and foremost a lending program, but it does include a grant component. Eligibility rules are quite complicated but low-interest loans can be critical for some co-ops.
• For capital projects focused on energy efficient, BC’s Social Housing Retrofit Support Program can also be a help.