Cacoeli is thrilled to announce that this multi-family, affordable housing, purpose-built rental development project has been refinanced by Vancity Community Investment Bank (VCIB) – a prominent financing partner in projects with social impact. This project will provide alternative housing options in the growing city of Vaughan. Through our value-aligned partnerships with Terra Bona Development, accredited non-profit organizations, and VCIB, we aim to develop inclusive, affordable, and accessible housing.
This housing development project aims to provide additional affordable housing options. As a progressive investor and provider of residential rental housing, we have the responsibility to balance both business and social responsibilities to meet our investors’ objectives, while at the same time addressing the urgently needed demand for affordable housing. Cacoeli is proud to spearhead, together with our development partners and with the support of VCIB, this important project in the City of Vaughan.
You can read more about VCIB’s loan, featuring Cacoeli here:
To learn more about VCIB and other community initiatives they are involved in, visit:
To learn about our development partner, Terra Bona Development, visit: