Owning a roof is now a reality for More than a Roof Housing Society
About this story
- Organization
More than a Roof™ Housing Society - Region
Greater Vancouver, BC - Area of impact
Affordable housing - Type of investment
Loan - Download a
long version of this story
With the goal of providing safe, affordable housing to those most vulnerable in our society, More than a Roof™ Housing Society has long sought to own its own property.
With some careful financial planning and mortgage financing from Vancity, the Society has now been able to fulfill this long-time goal, buying the property it had leased for the previous nine years. The newly purchased property, Hendicourt House, can now continue to provide a stable home to five individuals coping with mental illness. The property purchase will also grow equity for the Society, creating the potential for future expansion.