Sawmill

3338 Sawmill Crescent, Vancouver, BC

A remarkable example of how strategic partnerships can have a substantial impact on housing affordability. The Community Land Trust Foundation of BC (CLT), in partnership with TL Housing Solutions, was awarded the City of Vancouver owned site through a competitive proposal call administered through the Vancouver Affordable Housing Agency (VAHA). 337 units will be delivered to CLT and its not-for-profit operating partners; COHO Property Management Inc., the management arm of the Community Housing Federation of BC, and M’akola Housing Society. Sawmill represents a significant portion of the largest one-time municipal land investment in the community housing sector in Canadian history. Sawmill is being developed in partnership with BC Housing and Canada Mortgage and Housing Corporation (CMHC) together with Vancouver Affordable Housing Agency (VAHA) under a fast-tracked municipal process.

Location

Vancouver, BC

Product Type

Affordable Co-Operative

Program

BC Housing (Community Housing Fund)
City of Vancouver (Land & Waivers)
CMHC (Co-Investment)

Timeframe

Est. Completion Winter 2023

The Team

Community Land Trust Foundation of BC
City of Vancouver & Vancouver Affordable Housing Agency (VAHA)
BC Housing
Canada Mortgage and Housing Corporation
M’akola Housing Society

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