3 people standing in front of the Aspen development on Main Street

Outside the box thinking results in affordable housing



  • One year after discussing innovative ways to create affordable housing, CMHC’s Lance Jakubec and Vancity’s Kira Gerwing were collaborating on a $6 million dollar investment.
  • CMHC provided the funds to Vancity through the Affordable Housing Innovation Fund, which is designed to encourage new funding models and innovative building techniques.
  • One of the first projects to be created as result of the funding is Aspen, a 145-unit affordable housing project in Vancouver’s Mount Pleasant neighborhood.