For every one new affordable home built with government assistance in Ottawa, the community loses seven older affordable homes in the private market – with rents rising faster than wages and renovations pushing tenants from their homes. It’s one reason City Council declared a Housing and Homelessness Emergency in 2020. Affordable housing is increasingly out-of-reach.
In response, the Ottawa Community Land Trust (OCLT) – operating as a non-profit, social enterprise – works to preserve housing affordability. We are buying existing rental properties and leasing them to non-profits and co-ops to manage. And we are securing vacant land for future affordable housing development. In short, we are committed to keep housing affordable in this area. Forever.
By giving to the OCLT Fund, you are assisting in the preservation of affordable housing for our neighbours. Together, we can build a city where everyone has an affordable home to live.