New Commons's asset
New Commons

@newcommons.ca

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New Commons Development is a non-profit real estate development company dedicated to building and preserving affordable housing and community real estate. With a commitment to keeping community-owned assets in the hands of the community, New Commons Development partners with organizations to realize their goals and revitalize their communities for the long-term. They bring deep expertise, skilled development capacity, discipline, and capital to each project, fostering collaboration with partners and investors.


Partnering with WoodGreen Community Services, they are creating new affordable housing for seniors in Toronto. They are also working with St. Hilda’s Community of Care on a major retrofit project to improve the resident experience for over 300 seniors.


In partnership with Kingston Co-operative Homes, Compass Ontario, and the City of Kingston, a 38-unit apartment building for seniors is being developed. Additionally, New Commons Development is collaborating with Options Community Services to bring 100 new homes to the community in Surrey, BC. New Commons Development is supported by philanthropic investments and works towards building stronger and more sustainable communities.


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Company Type

Nonprofit

Company Size

11-50

Year Founded

2016

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