Inside The Government Talks That Could Unlock 500 Affordable Homes

Development Fund II Tranche 1 is officially sold out. This week Foundation Capital sat down with Scott Collier, the second in command to Ontario's Minister of Municipal Affairs and Housing Rob Flack, to walk through where this fund goes next and how the province may layer additional capital into the stack to deepen the affordable component of the building. In this episode: • Why Development Fund II Tranche 1 sold out and where Tranche 2 currently stands • The meeting and what the province said about coming in for a class of shares dedicated to permanently affordable units • How Ed Holder (former Mayor of London and former federal Minister of Science) opened the doors that would normally take months to get through • Why we could scale from 100 affordable units up to 500 if the government grants land • The Wellington Bus Rapid Transit corridor, the province's roughly half billion dollar BRT investment, and why the "no parking" zoning is a feature, not a bug • Why the "old boys club" of luxury condo developers has left an entire demographic underserved (and why that gap is the opportunity) • What the London Free Press article and public comment section got wrong about affordable housing • Council decision at the end of September and what we are watching for • Business as usual at FCPRET: audit wrapping up, Ontario Landlord and Tenant Board wins converting 11 plexes into 20 units, ongoing operational efficiency • Development Fund III is in the pipeline. If you missed Tranche 1, signal interest now. Interested investors: Book a call → https://calendly.com/foundationcapita... Foundation Capital → https://foundationcapital.ca Subscribe to FCPRET → https://portal.equivesto.com/offering... Foundation Capital operates FCPRET (Foundation Capital Private Real Estate Trust, our income engine) and the Foundation Development Fund II (Wellington Towers, our equity engine). Both are structured around building and holding mid market core workforce housing across Southern Ontario, with an increasing focus on permanently affordable units through public capital partnerships. Subscribe to the channel for weekly conversations on Canadian real estate, private REITs, purpose built rental development, and the mechanics of investing alongside sophisticated capital. --- Disclaimer: This video is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. #CanadianRealEstate #AffordableHousing #RealEstateInvesting #LondonOntario #Multifamily #CMHC #ExemptMarket #PurposeBuiltRental #WellingtonTowers