There is a lack of development capacity in the non-profit and co-operative sector to meet the need for affordable housing in Canada. Specifically, pre-development activities such as securing sources of funding or financing, identifying project partners, and developing a financially viable concept can be major barriers.
Cahdco’s solution to the lack of capacity is to lead the creation & mentorship of non-profit development corporations across Canada.
Cahdco has been shortlisted by the CMHC Housing Supply Challenge program to work on this idea. We are recruiting non-profits and co-operatives from across Canada who want to increase their capacity to create affordable housing. We are offering to work with them through coaching and mentorship to create their own non-profit development corporations.If you are interested in this idea or want to know more, then we want to hear from you firstname.lastname@example.org.
Cahdco is a non-profit development corporation based in Ottawa, created more then 20 years ago by CCOC, a private non-profit housing organization. CCOC operates 1,700 affordable rental homes in downtown Ottawa. We want to teach groups how to create their own organization, similar to Cahdco, in their local area. We hope that you’ll reach out!