NEW COMMONS
DEVELOPMENT FUND

ABOUT

The New Commons Development Fund invests in affordable housing and community real estate assets from early-stage through to stabilization. We work with strong partners to create long-term community benefit. We draw on decades of experience to structure investment opportunities that are customized to our investors’ needs. Our investments generate risk-adjusted market-rate returns.

“The Hamilton Community Foundation has a long history of promoting positive impact in Hamilton and beyond. Investing with New Commons Development is a unique opportunity for us to support the development of new non-profit and co-operative affordable housing and community assets while targeting an appropriate risk-adjusted financial return. We are pleased to add this investment to our portfolio.”

Annette Aquin, Executive Vice President, Finance & Operations, Hamilton Community Foundation

SELECTED INVESTORS
Our investors include foundations and other institutions.
  • Atkinson Foundation
  • Balsam Foundation
  • Hamilton Community Foundation
  • Inspirit Foundation
  • Ocean Rock Investments Inc.
  • P&L Odette Charitable Foundation
  • The Catherine Donnelly Foundation
  • Toronto Foundation
  • Tosa Investments Limited

PORTFOLIO

WoodGreen Community Services

Toronto, ON

Our work with WoodGreen Community Services includes the development of 36 new affordable rental housing units for seniors, as well as the development of a Parent-Child resource centre and a community gathering space.

  • Target: Seniors
  • Type: Low-Rise
Get in touch to learn more