This New Investment Fund Has Brought Multifamily Purchases by Non-Profits to New Heights in Its First Year

The Rental Protection Fund, launched in July of 2023 with the goal of ensuring the availability of affordable rental units, not only managed to provide long-term rent protection to 650 residential units across greater Vancouver in its first year of operation. In that time, non-profit and First Nation groups leveraged the fund to acquire more than $210 million in multifamily property.