Logo - CHF Canada

Fraserview: Beautiful new riverside co-op helps address Vancouver’s housing crunch.

Published July 01, 2019

This year, families started moving into the first phase of Fraserview Housing Co-op in Vancouver on the north bank of the Fraser River.

Developed in partnership with the City, this innovative project will provide affordable community housing desperately needed in a region with sky-high rents and real estate.

The co-op includes a combination of riverside townhomes and river-view apartments, with 278 homes in total, making it the largest housing co-op in British Columbia.

Housing subsidies for lower-income households are funded by the City’s land contribution of a 99-year lease. Most of the units will go to households earning between $41,000 and $124,000, an income range identified as having few affordable rental or ownership options.

This co-op is just one of several being developed by the Community Land Trust and the Co-operative Housing Federation of BC across the province. This business model shows great potential to address the need for affordable, community housing in other parts of Canada.


Don’t miss out on the latest co-op news, success stories, and helpful resources for your co-op.

Sign up here to receive our eNews every two weeks straight to your inbox!