Investing in Affordable Housing Across Canada
Founded in 2013, New Market Funds is a Canada-based multi-fund manager that invests in and acquires multi-family affordable rental housing across the country. With a focus on Canada’s 30 largest metropolitan markets, the organization works in partnership with established non-profit and co-operative housing providers to preserve and grow the supply of long-term affordable housing.
New Market Funds provides structured equity to help community partners complete new developments, expand existing projects, or unlock capital from stabilized properties to reinvest in future initiatives. This flexible approach ensures that financing is tailored to the specific goals and capacities of each partner, while aligning with broader community needs.
Working coast to coast, New Market Funds delivers investments that generate risk-adjusted, market-rate returns alongside measurable social and environmental impact. Their model demonstrates that capital can be a force for good – supporting the creation of stable, inclusive communities and addressing Canada’s growing housing affordability crisis.
Edmonton 3 October 2024 The Edmonton Community Foundation today announced the appointment of Ryan Young as the Director of the Social Enterprise Fund.
After thirteen years in the Executive Director chair at SEF, it is time for me to move on.
Every day SEF works with entrepreneurs—non-profits, for-profits, cooperatives – determined to find a better way to do things, to create a sustainable economy leading to a more inclusive community that works for everybody.
