About the Land Trust

The Land Trust’s constitution ensures the Foundation’s activities are limited to serving the following purposes:

  1. To provide and preserve opportunities for persons primarily of low and moderate income to acquire and occupy housing and accommodation and facilities which would otherwise be unattainable or unaffordable.
  2. To develop and make available for development real estate held by it for housing and related accommodation and facilities that will assist persons occupying it, and primarily persons of low and moderate income, seniors and the specially challenged, to sustain and improve the quality of life.
  3. To develop and make available for development real estate held by it for mixed use and mixed income projects that contribute toward the purposes of the Foundation.
  4. To promote and model ecologically sound use of land resources for projects that contribute toward the purposes of the Foundation.
  5. To seek and receive donations, contributions, endowments and gifts of all kinds for and to apply its funds and other resources to the furtherance of the purposes of the Foundation.
  6. To promote and encourage research and education into the concept of land trust use for development initiatives consistent with the purposes of the Foundation.

The Land Trust’s directors and officers serve without remuneration, and this is an unalterable provision of the Land Trust’s constitution.

  • Land Trust Model

Land Trust Projects

The Land Trust’s first project is a ground-breaking partnership between the co-op and non-profit housing sectors, the City of Vancouver, BC Housing and Vancity Credit Union.

The City is providing 99-year leases on three City-owned sites to the Land Trust. The Land Trust is working with co-op and non-profit housing providers to develop the non-market housing, which will then be operated by the partners.

The partners each make an equity contribution to the overall project to promote affordability. BC Housing and Vancity both provided critical pre-development funding. The City of Vancouver has offered the leases to the three sites for a nominal charge—effectively a $24 million investment in the project.

NOTE: At the present time, no applications are being taken for potential membership in the new co-op or tenancies in the non-profit buildings. There is also no waiting list, but please keep an eye out for more information coming in the future.

Maps adapted from OpenStreetMaps.

The Land Trust Partners

Fraserview Housing Co-operative

Fraserview Housing Co-operative

Fraserview Housing Co-operative was incorporated in 2014 as a non-profit housing co-operative and will operate the largest housing co-op in BC. The co-op’s buildings will include 278 one-, two- and three-bedroom apartments and townhomes in Southeast Vancouver over two properties.

Two residential towers on SE Marine Drive will be home to moderate-and-low-income families and singles while a 90-unit river-front project on East Kent Avenue will provide three-bedroom townhouses and two- and three-bedroom apartments for families.

Tikva Housing Society

Tikva Housing Society

Tikva Housing Society is a non-profit housing society and registered charitable organization. Tikva works to provide safe, affordable housing primarily for working-age Jewish low-income adults and families. Tikva will operate 32 townhomes, on the southern portion of the SE Marine Drive property, next door to the co-op towers.

Sanford Housing Society

Sanford Housing Society

Sanford Housing Society is a non-profit housing society and registered charitable organization, incorporated in May 1989. The Society currently has a portfolio of 21 buildings providing quality supported housing to persons living with mental illness and/or addiction.

Approximately half the Sanford units will house individuals with a mental illness who receive a shelter subsidy under the Supported Independent Living Program. The remaining units will house people with low to moderate incomes.

City of Vancouver

Vancouver is committed to creating more housing that is accessible, affordable, and suitable for seniors, families, and people challenged by disabilities - regardless of income level. Council is actively working to protect the City's existing supply of affordable rental housing, while adding an additional 5,000 units of non-market or social housing.

BC Housing

BC Housing develops, manages and administers a wide range of subsidized housing options across the province. BC Housing partners with public and private housing providers, other levels of government and community agencies to create the best system of housing and supports for those in greatest need.

Vancity

Vancity is Canada’s largest credit union. Vancity has made corporate social responsibility an integral part of its business planning process, targets and action plans. It has as one of its primary objectives, to increase its impact lending by focusing on affordable housing and social purpose real estate.

CHF BC

CHF BC was instrumental in establishing the Vancouver Community Land Trust Foundation, but is an independent organization. It serves its member co-operatives (including Fraserview Housing Co-operative) with services ranging from advice and education to bulk-buying opportunities, but is not directly involved with the affairs of the Land Trust.

Gallery

A few renderings of the proposed Sanford, Tikva and Fraserview buildings.

Rendering of 1700 Kingsway development (commercial space on ground floor)
Rendering of 1700 Kingsway development (commercial space on ground floor)
Rendering of Fraserview Co-op's SE Marine Street site (east tower)
Rendering of Fraserview Co-op's SE Marine Street site (courtyard)
Rendering of Fraserview Co-op's SE Marine Street site (east tower)
Rendering of Fraserview Co-op's SE Marine Street site (courtyard)
Rendering of Tikva townhomes on East Kent Street
Tikva Townhomes and Kent Street access to Fraserview Co-op (towers)