Why aren’t we building co-op and non-profit housing anymore?

Go to any public meeting about affordable housing, and someone will ask, “Why aren’t we building co-op and non-profit housing anymore?”

Cover of Affordable Today, Affordable Tomorrow

Why indeed? Non-profit and co-op housing has proven to be the most effective way to create affordable homes and keep them affordable. While market housing is subject to fluctuating prices and profit-seeking motivations, non-profits and co-op models prioritize long-term affordability and community well-being. They provide stable housing options, particularly for low income households, and foster a sense of belonging and security.

With the Provincial election fast approaching and new funding opportunities coming down the pipe through the National Housing Strategy, ONPHA has teamed up with our sector partner CHF Canada to make the case for investing in co-op and non-profit housing today to create a legacy for the next generation.

Our joint value proposition Affordable Today, Affordable Tomorrow: Why cop-op and non-profit housing is (still) Ontario’s best investment is an advocacy tool to help us spread the word about the critical role co-op and non-profit housing plays in achieving a bright housing future for all Ontarians. View the document now on our website.

Today in Ontario, 525,000 people are benefiting from investments made by previous governments. These existing units stand as a testament to the enduring impact of these housing models. They provide stable, affordable homes, contributing to the social and economic fabric of our communities.

Investing in co-op and non-profit housing is not simply about building more units; it’s about building stronger, more resilient communities.

Together, let’s make sure today’s housing dollars are still working for the next generation of Ontarians.