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A complex experiment is saving co-ops and developing homes to be affordable. Permanently.

A project of CHF BC has a twofold mission: to rescue old co-ops and to reboot the development of affordable housing, long neglected by the federal government.

We are thrilled to share news of an important announcement that will take place on Monday, July 11. The announcement brings together several partners on a historic deal for the co-operative housing movement, and we want you to be part of it!

The co-op’s lease is ending, and the union pension fund has decided to sell the land and buildings to the highest bidder. The inevitable outcome of a sale like that will be drastic rent increases and economic eviction for many of the co-op’s 244 households.

Burnaby housing co-ops threatened by sell-off to private landlords The residents of a 244-unit non-profit housing co-op in Burnaby are at risk of losing their homes when the property is sold on the commercial real estate market by its owners, the International Union of Operating Engineers (IUOE) Local 115 Pension Plan. The 115 Place Co-operative Housing Association includes … Continued