YWCA Elm Centre
Time Period: 2010-2013
Sector: Affordable Housing
- $80M in blended financing including $1 million via a housing bond
- 300 affordable apartments for low-income women and their families in Toronto
- Savings for YMCA Toronto on the operation of the Elm Centre facility based on lower cost financing
Client and/or Partners:
YWCA Elm Centre is an innovative residential community located in the heart of downtown Toronto. The Elm Centre is an $80M project which offers 300 affordable apartments for low-income women and their families, women living with mental health and addiction issues and families of Indigenous ancestry.
SVX worked with YMCA Toronto to build the capacity of the Board and management on blended financing strategies and design the financial model and structure for a housing bond.