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Conestoga Applied Research
Conestoga Applied Research

Credit Unions Affordable Housing Webinar series 

July 07, 2023
overhead shot of a neighbourhood

Exploring how credit unions and other organizations are developing innovative approaches to address housing affordability across Canada

Anthony Piscitelli, Conestoga Social Innovation Lab

About the project

The Credit Unions and Affordable Housing Webinar Series examined challenges within Canada’s housing market and the role credit unions can play in improving access to affordable housing. The three-part series brought together examples from the credit union sector and other organizations to share emerging financial products, programs, and housing models.

The challenge

Housing affordability remains a significant challenge for Canadians, creating a need for new approaches to financing, housing supply, and access to homeownership. The webinar series sought to increase understanding of these challenges while highlighting practical solutions being developed across the country.

Approach

  • Examined the financialization of housing and housing supply challenges in Canada
  • Explored the current role of credit unions in addressing housing affordability
  • Highlighted innovative credit union programs, financial products, and housing initiatives
  • Examined affordable housing models developed outside the credit union sector
  • Shared examples of collaborative and alternative approaches to housing development and homeownership

Results

  • Delivered a three-part webinar series focused on housing affordability
  • Shared examples of rent-to-own, shared equity, and affordable housing programs
  • Highlighted innovative financial products designed to improve housing accessibility
  • Showcased approaches being implemented by credit unions and housing organizations across Canada
  • Created opportunities for knowledge sharing around emerging solutions to housing affordability

Why it matters

  • Increases awareness of innovative approaches to affordable housing
  • Highlights the role financial institutions can play in addressing housing challenges
  • Encourages knowledge sharing across the credit union and housing sectors
  • Provides practical examples of alternative pathways to housing and homeownership
  • Supports broader discussions about improving housing affordability in Canada

Get started with your next project

We acknowledge the support of the Natural Sciences and Engineering Research Council of Canada (NSERC).


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