Vancouver Affordable Housing Endowment Fund Governance and Operations Model Review
The City of Vancouver is establishing the Vancouver Affordable Housing Endowment Fund (VAHEF) comprised of over 200 non-market housing assets with an assessed value of approximately $2 billion CDN. The majority of these assets, including land, buildings, and Air Space Parcels, are leased to non- profit and co-op housing operators. VAHEF is aimed to optimize the long term viability and effectiveness of affordable non-market housing in Vancouver through a portfolio approach in order to address Vancouver’s housing crisis.
Complex Projects Consulting Inc. is leading this complex consulting assignment in collaboration with Insight Specialty Consulting.