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 25 years

(and up to 30 years on new construction)

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.

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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
Senior Manager Business Development, Commercial Real Estate
LinkedIn
Anne Bastiampillai
Senior Manager, Commercial Real-Estate
LinkedIn

VCIB & CMHC
Developing creative financing solutions.

VCIB & CMHC
Developing creative financing solutions.

Our long-standing relationship with CMHC enables us to work hand in hand to provide housing co-operatives with unique loan structures to meet their specific financing needs. Learn how we worked together to support Innisfree Housing Co-op’s hotel-quality renovations:

Learn More

Green Lending

With VCIB you can unlock new financing for all those smart, cost-saving building upgrades you’ve been thinking about. We offer specialized lending for multiple energy efficiency retrofit projects and renewable energy solutions — from EV charging stations to HVAC upgrades.
For commercial solar equipment loans, visit our
Solar Financing page
If you’re looking to finance larger projects, visit our
Clean Energy Financing page

Let’s talk

Our team of real estate experts has financed a wide range of affordable housing projects. Tell us about your co-op financing needs and get started today.  

Social Purpose Real Estate Info Package

To download the Social Purpose Real Estate Package, please fill out the following form.

Ready to get financing for your project?

Get Started

Contact Us

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 CorpTM