Housing Affordability Workshop #6
CCA Housing Affordability Working Group Webinar on Community Bonds with
Ottawa Community Land Trust (OCLT)
Centretown Citizen Ottawa Corporation (CCOC) and
Tapastry Community Capital
Community Bonds raised about $175M of debt across Canada (Tapestry about $135M) in the last 8 years across Canada. OCLT raised $3.3M of loans back in 2024 in the first raise of Housing Forever Bond and now they are trying to raise another $10M and CCOC $15M of Housing Foreever Bond. This is innovative financing in private investment and are not liquid investments. Like all investments, it does carry risks as subordinated debts. Please research the prospectus as well as the financial statements of the organization you are investing in to evaluate the risk vs stated objectives.
Please view the session on YouTube here.