Social Purpose Real Estate Financing

Building affordable and sustainable communities

Purpose-driven real estate is a powerful tool for positive change.

VCIB provides construction, term, and acquisition financing for commercial real estate developers that are committed to building affordable and sustainable communities across Canada. We call it social purpose real estate.

Loan Features

Typical
loan size:

$2M - $45M+

Loan to value:

Up to 75%

Term:

1 to 5 years

Amortization:

Up to 30 years

Interest rate:

Fixed and
variable

What
we finance

Affordable
housing

Green
buildings

Arts, culture &
community spaces

Non-profit
properties

Cooperative
housing

Heritage
buildings

Investor Owned Real Estate

Market Rental Housing

What
we offer

Construction
Financing

Term
financing

Retrofit Financing

CMHC Insured
financing

Acquisition
Financing

Retrofit Housing

To learn more about our rate structures and financing options, download our real estate financing brochure.

Download Brochure

Co-operative Housing

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.

Learn More

Building on 75 years of Banking Experience

Born from Vancity’s community-first finance model, we’re building on 75 years of banking experience to support organizations and enterprises that share a commitment to positively impact the communities where they live and work. Here are some of our recent real estate announcements and financings:

Meet our real estate financing team

Our real estate experts provide reliable and flexible financing to meet the specific needs of your project. We approach project-specific complexities with creativity, positivity, and a spirit of partnership.

Eric Visser

Director, Commercial Real Estate

Trish Nixon

Managing Director, Climate Finance

To date, we have financed:

80 +

social purpose real estate projects

3299 +

units of new or preserved affordable housing

943182 sq.ft.

of non-profit, co-working, cultural and community spaces

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Finance building
upgrades with a VCIB
green mortgage

With a VCIB green commercial mortgage, you can unlock new financing for all those smart, cost-saving building upgrades you’ve been thinking about. For building owners, we offer increases to commercial mortgages to finance efficiency retrofits and renewable energy solutions—from EV charging stations to HVAC upgrades. Save on operating costs, increase the value of your building, attract tenants, and cut your carbon emissions.

Our real estate and clean energy teams will make it easy for you each step of the way. Download the VCIB Green Mortgage package, or tell us about your project and Get Started today.

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Environmentally conscious real estate

Tell us about your project and get started today.

Get Started

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

Social Purpose Real Estate Financing

Loan Features