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“There is someone waiting on a list for affordable housing in more than 283,000 households across the country”
- Global News Nov 22, 2019
Are you a Non-Profit, Institution, Employer, Landlord, or Hotel Owner looking for a partner to develop Affordable Housing?
Are you a socially conscious investor or investment group who wants to make a difference while also seeking a better than average return?
Are you a Canadian who seeks to help other Canadians find Affordable Housing?
What if you could do something
about the affordable housing crisis in Canada?
VIEW OUR VIDEO
3H Properties is a partner to non-profits in their commitment to the higher cause of solving the public need for affordable housing.
Our goal is to change the
rental industry for the better.
Long term, we wish to be the leader in developing 100% Affordable Housing in North America.
a for profit REIT with a social purpose.
3H REIT will be a private, income-producing investment opportunity in Canadian affordable housing, focused on secondary markets with capital appreciation potential.
The purpose of 3H REIT is to provide its investors with stable monthly returns and provide the financial resources to 3H Properties to manage its current asset portfolio while developing new properties to increase 3H REIT share values.
All phases of construction for 3H Properties are managed through 3H’s sister company, NGC Constructors, which allows greater control of costs, quality and scheduling. MyPlace Building Services, another sister company, manages the ongoing maintenance of 3H Properties assets, thereby reducing overall operating costs.
3H Properties manages all aspects of affordable housing development by bringing together its sister companies in construction and maintenance, with the fundraising capabilities of 3H REIT, to partner with strategic non-profits and institutions for full Turnkey services.
“In Canada, housing is considered “affordable” if it costs less than 30% of a household’s before-tax income.”
- CMHC website
About 20 per cent of renters spent more than half their income on rent, which housing advocates say puts them at high risk of becoming homeless.
- Rental Housing Business Magazine