Conditions for Success
One of the keys to success lies in the type of housing. It is crucial to move away from luxury housing by building single-family homes, semi-detached houses, or duplexes between 1,000 and 1,800 square feet on lots of 5,000 to 6,000 square feet. These homes should include two to four bedrooms, a living room, a kitchen, a dining room, two bathrooms, and a semi-finished basement ready for legal rental if needed, all well-insulated and space-efficient. They could include solar panels, grass seeds instead of sod, trees, and a rain-absorbing driveway. The homes will be sold at cost, with an additional 0.5% to cover administrative expenses and support future developments.
Although the cooperative primarily targets first-time buyers, it is not exclusively limited to them. Members must have stable employment for two years, not own a home at the time of application, and meet financial institution requirements. If the owner needs to relocate or buy a larger home due to family expansion, they could resell to the cooperative and be prioritized for another property. These new communities should be inclusive and multi-generational to support a homeownership cycle that adapts to family needs.The homes will be sold at cost, with an additional 0.5% fee to cover administrative expenses and support future development initiatives.
- Coordinating between government levels and organizations (financial institutions, developers, housing cooperatives).
- Streamlining acquisition processes.
- Controlling large-scale land purchases by corporations.
- Regulating immigration temporarily until the housing crisis is under control.
- Developing infrastructure in line with housing projects.
Eligibility Criteria
- Have been a permanent resident of the province for at least two years.
- Have a mortgage calculated over 25 years that does not exceed 25% of the combined net income of both partners.
- Additional eligibility criteria may be established by the provincial board of directors.


