Chorus

Surrey, BC

Image: Semiahmoo House Society

Catalyst worked with Peninsula Estates Housing Society and Semiahmoo House Society as a development advisor on the creation of a unique affordable and inclusive housing project in Surrey, BC. The development created 71 new homes, including 20 homes for people with developmental disabilities. After completing a detailed feasibility study for the society, Catalyst supported the society in the rezoning, financing, funding and development process.

Status:

Completed in 2016

Client:

Peninsula Estates Housing Society

Catalyst Role:

Development Advisor

Affordability:

  • All rents at 10-15% below market, plus further subsidy for tenants with developmental disabilities supported by Semiahmoo House Society.

Financial Information:

  • Vancity capital grant
  • Vancity Community Investment Bank construction and long-term financing

Total Project Cost:

$15M

Other Projects

284 Brunswick Street

Penticton, BC

Status: Pre-construction

Catalyst not only brings their values to life in all of their interactions with others, but they also add tremendous value to organizations like us who want to respond to community needs and are newer to the provision of affordable housing.

Tanya Behardien

Executive Director

Penticton & District Community Resources Society

2318 St Johns Street

Port Moody, BC

Status: Rezoning - construction begins late 2018 (est.)

Catalyst is aptly named. Their work with our organization has been instrumental in helping us to unlock latent potential, address chronic gaps in service and look toward a future with greater opportunity for the people we serve.

Christine Scott

Executive Director

Kinsight (formerly Simon Fraser Society for Community Living)

43 Hastings Street

New Westminster, BC

Status: Pre-Construction

Hannelore

585 West 41st Ave., Vancouver, BC

Status: In construction

When I met Catalyst I knew that I was with people who understood the vision I was presenting and that we shared many of the same goals. Proof of this is our work together as joint venture partners.

Hannelore Gerlach

Chairperson, Housing Committee

Oakridge Lutheran Church

Madrona @ Dockside Green

370 & 384 Harbour Road, Victoria, BC

Status: Completed November 2017

Catalyst’s innovative non-profit developer model has made it possible to add 49 brand new affordable rental homes in Victoria. I want to say how proud I am, as Mayor of Victoria, of this project. This is perfection.

Lisa Helps

Mayor

City of Victoria