“BC Housing seeks to make a difference in people’s lives and communities through safe, affordable and quality housing. Since 2001, BC Housing has partnered with non-profit societies, government agencies, and community organizations through the Community Partnerships Initiative (CPI) to facilitate the development of affordable housing in communities across British Columbia. The CPI arranges mortgage financing to create self-sustaining affordable housing that does not require ongoing operating subsidies. BC Housing’s capacity to arrange financing with favourable terms is the cornerstone of the program.”
Document Keyword: personal finance
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SROI of affordable housing development supported through the BC Housing community partnership initiative
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The Social Impact of Fair for You: Second Report
“Fair for You is a registered charity which makes loans to low income households through its lending subsidiary, Fair for You Enterprise CIC. The lending subsidiary is a form of social enterprise, which began making unsecured loans for the purchase of household items available from its ‘online high street’ in December 2015. The loan product provides a real alternative for people who would otherwise have to use high cost lenders, particularly rent to own stores such as BrightHouse, PerfectHome and Buy as You View.”
