Social Purpose Real Estate Financing
Building affordable and sustainable communities
VCIB provides construction, term, and acquisition financing for commercial real estate that drives social, economic, and environmental benefits in communities across Canada. We call it social purpose real estate.
As Canada’s only values-driven bank, we are more than a lender. We’re a long-term partner that approaches each unique opportunity with creativity and a commitment to invest in what’s right for our communities.
Arts, culture &
Investor Owned Real Estate
Owner Occupied Real Estate
A 20-year track record
In 2017, VCIB (formerly Citizens Bank of Canada), took on a new name and a new mandate as Canada’s first values-driven bank. Building on 20-years of experience in commercial real estate lending, we now focus exclusively on projects that drive positive change. Here are some of our recent announcements and financings:
Three important themes from: A Roadmap to Housing Our Essential Workers
Jul 26, 2021
Last week, VCIB’s CEO Jay-Ann Gilfoy participated in A Roadmap to Housing Our Essential Workers, a webcast and panel discussion […]
Thirty-six units of affordable housing secured by the Parkdale Neighbourhood Land Trust
Apr 26, 2021
Community-driven acquisition of at-risk property made possible with innovative financing solution from VCIB and impact investors.
CMHC and VCIB join forces to create affordable housing
Nov 20, 2020
CMHC and VCIB announce a ground-breaking agreement to explore affordable housing solutions across Canada.
National Aboriginal Capital Corporations Association: Supporting Indigenous Small Businesses
Oct 19, 2020
Supporting Indigenous business is one of the pillars of VCIB’s purpose-driven approach, and we're proud to have helped finance NACCA’s…[...]
"We've had to do some creative work to make these projects happen. Where other mortgage lenders weren't prepared to look beyond their standard formulas, VCIB was willing to spend time to understand our model and work through challenges."
upgrades with a VCIB
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.
Green Mortgage Info Package
To download the Green Mortgage info package, please fill out the following form.
Interested in our values driven approach?
We want to hear from you.
For any social purpose real estate project large or small, our team is ready to work with you.