Propolis Cooperative Housing closes $1.1M community bond campaign to support affordable housing project in Kamloops

Propolis Cooperative Housing closes $1.1M community bond campaign to support affordable housing project in Kamloops

KAMLOOPS, British Columbia, April 14, 2025 (GLOBE NEWSWIRE) -- Propolis Cooperative Housing Society, a BC-based non-profit housing cooperative, has successfully raised $1.1M from community bond investors to advance its 53-unit affordable, net-zero housing project in Kamloops. The capital raise includes…

B.C. co-op raises $1.1M in community bonds for housing project

Co-operative uses community bonds and social finance to raise capital for 53-unit affordable housing project in Kamloops, British Columbia

Propolis Cooperative hosing project takes another step forward

The Propolis Cooperative Housing Society says it has reached a milestone in its quest to raise money to build a cooperative housing development in Kamloops. The society says it has successfully raised $1.1 million from 101 different investors to advance its 53-unit affordable, net-zero housing building on at 422-424 Tranquille Road. Propolis Executive Director Lindsay Harris calls it a huge success and notes that this is the first community bond…

Proposed affordable housing project in Kamloops reaches fundraising milestone

KAMLOOPS — The Propolis Cooperative Housing Society says it has reached a milestone in its quest to raise money to build a cooperative housing development in Kamloops. The society says it has successfully raised $1.1-million from community bond investors to to advance its 53-unit affordable, net-zero housing project at 422- 424 Tranquille Road on the north shore. In a news release, it says the campaign included a first-of-its-kind investment fro…