Archimedes wrote: Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.
The community is both the fulcrum and the lever
Canadians have four trillion in RRSP savings. If we leveraged one percent we would have a $40,000,000,000 building fund that could help solve the housing and affordability crisis.
Affordable housing is a community problem and requires a community solution.
Please help us gather information on the following affordable housing topics:
Community Bonds for affordable housing – below-market financing is essential to reducing the cost of housing. Funding affordable housing through citizen led financing can save tens of billions of dollars.
Relocation Challenge – temporarily housing tenants during redevelopment is a challenge that both non-profit and for-profit developers face. Our Interim Residence is a practical, scalable solution.
ADU/Laneway houses– The BC Government has recently made placing an ADU (Auxiliary Dwelling Unit) possible on residential property. In California 20% of all new home construction are ADUs. BC Housing is offering a $40,000 forgivable loan to homeowners for every new affordable home they create and rent out for five years at affordable rates.
