08/06/2026
Each one is exciting! With thanks again to community coming together, the Ottawa Community Land Trust is thrilled to announce its fourth building acquisition - a Centretown home acquired in July! While OCLT will own and maintain the property, Matthew House Ottawa will operate it under a long-term lease, providing wrap-around support to assist newcomers rebuilding their lives in Canada.
The property was purchased from Salus Ottawa, a supportive housing provider selling smaller properties to generate equity for new, larger development. The sale keeps the home under nonprofit, community ownership — and helps three organizations that are all committed to affordable housing grow. A win-win-win.
The acquisition was financed through mortgage financing from Vancity Community Investment Bank, philanthropic capital, and Housing Forever Bonds — the community investment vehicle at the core of our acquisition model.
Read more at the link in our bio!
Again, this model works. And there’s an immediate opportunity for you to be involved. The OCLT currently has an accepted offer on a multi-unit building with more than 25 units. Another $1m in Housing Forever Bond investments will enable us to secure this, alongside our other properties, as affordable forever.
Housing Forever Bonds remain open to new investors, starting at $1,000. Learn more at housingforeverbonds.ca