Building Community Wealth through Real Estate Investment TAP
Community Property Companies: Cracking the affordability code with social purpose real estate
Building Community Wealth through Real Estate Investment TAP
Recently, ULI Toronto convened a roundtable of social purpose real estate leaders to think about new models that would create wealth-building opportunities for smaller, community investors. The TAP panel, chaired by respected architect and developer Mark Guslits, included 14 experts in the areas of development, finance, social purpose real estate, planning and community engagement from ULI Toronto’s membership and beyond (See Appendix A – The Team). In addition, members of the ULI Toronto Curtner Leadership Program prepared working materials and attended as resources to the group. TAP participants attended a half-day of presentations on Monday, December 14, 2020 that showcased models for affordability and community wealth-building from around the world and took part in a roundtable and breakout groups on the following morning.
Following the TAP, ULI Toronto hosted a panel of social purpose real estate leaders tasked with further exploring the topic. The panel discussed existing models of wealth-building opportunities for smaller, community investors, including land trusts and co-operatives, and new ideas that are emerging to develop and preserve social purpose real estate in the urban market. Watch the recording of the panel below.