{"id":4719,"date":"2024-08-26T11:23:55","date_gmt":"2024-08-26T15:23:55","guid":{"rendered":"https:\/\/carleton.ca\/3ci\/?p=4719"},"modified":"2024-08-26T11:25:58","modified_gmt":"2024-08-26T15:25:58","slug":"a-university-based-non-profit-that-builds-affordable-rental-housing-at-scale","status":"publish","type":"post","link":"https:\/\/carleton.ca\/3ci\/2024\/a-university-based-non-profit-that-builds-affordable-rental-housing-at-scale\/","title":{"rendered":"A University-Based Non-Profit that Builds Affordable Rental Housing at Scale"},"content":{"rendered":"
Through successive replications of its mixed-income, mixed-use residential tower model, the University of Winnipeg Community Renewal Corporation has become Winnipeg\u2019s leading social real estate developer. Featuring green construction and generous common spaces, 40% to 51% of each tower\u2019s units are affordable while the rest are rented at market or premium rates.\u00a0 With the completion of its new builds in 2026, the non-profit UWCRC will manage $200-million worth of housing assets off-campus. A new journal article by 3ci Senior Research Fellow Ted Jackson<\/a> and UWCRC CEO Jeremy Read, entitled Less Talk, More Builds, takes readers through the origins, mandate, structure and project portfolio of this unique economic development vehicle. \u00a0The piece is part of a special issue of the Engaged Scholar Journal on housing security. Amid North America\u2019s affordable housing crisis, universities and colleges, engaged scholars and community leaders in cities across the continent should study both UWCRC and its residential tower model and consider adapting and replicating these innovative instruments of change. Access the article here.<\/a><\/span><\/p>\n