Co-operative Housing Financing

Financing solutions designed for housing co-operatives

Born from Vancity’s co-operative model, we are more than a lender. We are a financial force for change.

VCIB is Canada’s only values-driven bank. We provide reliable and flexible financing to meet the specific needs of each housing co-op. Our financing covers capital repairs, mortgage refinancing, and much more.

Co-operative Housing Loans

Our loan products include conventional term mortgages, CMHC-insured term mortgages, and real estate secured lines of credit.

Loan size:

$500K – $45M+

Loan to value:

Up to 75%

Loan repayment term:

1 to 5 years

Amortization

Up to 30 years

In keeping with Vancity Credit Union’s co-operative roots and values, VCIB has financially supported the co-operative housing movement for decades. We approach each lending opportunity with creativity and a commitment to invest in what’s right for our communities.

Looking for a financing partner that understands co-operative housing? Tell us about your financing needs and get started today.

Get Started

Meet our dedicated co-op financing team

Whether you want to learn about the best way to structure a loan, keep rents affordable, have the right amount of capital available to manage your property, or finance energy efficiency upgrades, our team is here to support you.

Eric Visser

Director, Commerical Real Estate

Focus on affordable housing

VCIB is part of the Vancity Group, a group of values-based financial institutions that use finance as a tool to drive positive impact and accelerate the delivery of affordable housing across Canada. Since 2009, Vancity Group has funded investments of more than $1.48 billion to support affordable housing across Canada. Here are some of our recent announcements and financings:

Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply.

Vancity Community Investment Bank is a member of CDIC and is a Certified B Corp^TM

Co-operative Housing Financing

Co-operative Housing Loans

Meet our dedicated co-op financing team

Focus on affordable housing

Phoenix Housing Co-op: Overcoming the challenge of mortgage refinancing

For housing co-operatives, land trusts and non-profits, specialized financing is the missing piece to scale affordable housing

Union Co-operative permanently preserves 58 affordable homes

GTA housing co-op tenants thrilled by “hotel-quality” repairs

Hamilton’s Winkleigh Co-op: Financing for the next era of co-operative housing