About Us
We envision a growing, thriving community housing ecosystem dedicated to housing security for all.
Who we are
The Rental Protection Fund is an independent, non-profit organization established in June 2023 with an initial investment of $500 million by the Province of British Columbia. The Fund is led by the community housing sector and strives to enhance housing affordability and stability for both new and existing tenants by empowering non-profit housing organizations and cooperatives.
We leverage and catalyze investment into the community housing ecosystem to drive transformative growth.
Our values
Courageous stewardship
We responsibly manage resources, balance innovation with governance, and take calculated risks to drive sustainable impact while respecting the environment, communities, and future generations.
Collaborative Growth
We strengthen the community housing ecosystem through strategic partnerships that align private capital, public resources, and expertise to create innovative solutions and lasting impact.
Transformative Impact
We create lasting impact by building stability, sustainability, and resilience through scalable solutions and carefully structured investments that transform communities and attract further capital.
Equitable Investment
We use inclusive investment models to drive equitable access, sustainable growth, and meaningful outcomes, creating opportunities for community wealth-building and economic security.
Intellectual Curiosity
We are passionate about problem-solving and innovation, challenging assumptions, embracing growth, and collaborating with partners to create solutions that inspire change and optimize opportunities.
Data-Driven Innovation
We pursue evidence-based, creative solutions that challenge systemic inequities, using research and collaboration to create scalable programs that deliver measurable results and optimal outcomes for all stakeholders.
Our history
Established in 2023 with a $500 million investment from the Province of British Columbia, the Rental Protection Fund plays a vital role in addressing the housing affordability crisis and building more resilient communities.
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2016-2021
Nearly 100,000 affordable rental homes renting below $1,000 per month were lost. A stark reminder of what’s at stake without intervention to preserve affordability.
July 2024
The Fund works with Ballenas Housing Society to secure affordable housing for seniors in Parksville. This critical support helps maintain stable housing for residents on the Island.
July 2024
Connective protects more than 300 affordable homes across nine properties on Vancouver Island with the Fund’s support. A major acquisition keeps hundreds of people housed from Duncan to Port Hardy.
August 2024
68 affordable rental homes protected in the heart of Oak Bay by the Fund and the Greater Victoria Housing Society. Action taken to preserve affordability in Victoria.
August 2024
75 affordable homes secured in North Vancouver and Squamish by Hiy̓ám̓ Housing and Housing Squamish. A unique partnership ensures local housing stays affordable for long-term residents.
September 2024
The Fund secures 147 affordable rental homes across the Lower Mainland with Lookout Housing + Health, Catalyst, and Connective. Strategic collaboration delivers large-scale protection across three communities.
December 2024
More affordable homes protected in New Westminster with New Hope Community Services Society. This acquisition helps maintain vital housing for newcomers and families.
April 2025
The Fund expands its support in the Interior, working with Connective Kamloops to protect 25 homes in the community. A growing footprint brings affordability preservation to new communities.
June 2025
The Fund celebrates the protection of 220 more homes across the province from Fort St. John to Vancouver. Momentum builds as the Fund’s work scales to meet demand across British Columbia.
July 2025
The first acquisition supported by the Fund in Richmond – Tikva Housing protects 45 homes in an in-demand neighbourhood. Affordable homes secured in a high-cost area, ensuring long-term stability.
January 2023
The BC Rental Protection Fund was created through the efforts of the Aboriginal Housing Management Association (AHMA), BC Non-Profit Housing Association (BCNPHA), and Co-operative Housing Federation of BC (CHF BC).Leaders int the community housing sector and the Provincial Government came together to establish a bold new solution to protect affordable housing.
May 2023
Katie Maslechko is announced as the CEO of the Rental Protection Fund. A dedicated leader steps in to guide the Fund’s mission and impact.
June 2023
The Fund launches pre-approval applications for non-profit housing providers. Non-profits gain a new tool to act quickly when buildings come up for sale, kickstarting acquisitions.
February 2024
The Fund announces its first acquisition – 290 at-risk co-op homes protected in partnership with the Community Land Trust of BC in Coquitlam. A milestone moment: the first homes are secured through the Rental Protection Fund.
February 2024
The Fund secures 16 rental homes in Esquimalt with Lu’ma Native Housing Society. A partnership with an Indigenous housing provider strengthens community stability and affordability.
March 2024
More than 100 homes preserved in Langley with the New Vista Society. Another step forward in preventing the loss of deeply affordable homes and allowing seniors to stay in their homes.
May 2024
The Fund supports CMHA Vernon & District to protect and renew 25 homes in Vernon. Ensuring vulnerable residents can continue to live affordably in their community.
May 2024
56 affordable rental homes protected in Burnaby with Brightside Community Homes. Preservation efforts keep long-term renters housed in a high-cost city.
“Rental Protection Fund investments are equity in action - ensuring renters have the right to housing security. For those who call them home, these buildings are far more than just structures, but affordable housing like this is disappearing across the Province, so we must prioritize investments in the affordable housing we already have.”
A critical part of the housing continuum
At the Rental Protection Fund, we are dedicated to preserving affordable housing for our communities. Our innovative strategies and investments are designed to combat the ongoing loss of housing options. Together, we are building a sustainable future for generations to come.
Protecting affordability
The Rental Protection Fund invests in lasting solutions to keep rental homes affordable and secure - today and for future generations. By supporting non-profit and co-op housing, we help communities thrive and ensure people have homes they can count on.
Keeping housing in community hands:
Secures the Affordability that Already Exists
Keeps rents stable and affordable for people with low to moderate incomes, so these homes are not lost to rising market pressures.
Prevents Displacement
Ensures renters—not just owners—have long-term housing security.
Supports Sustainable, Resilient Housing
Makes overdue repairs and upgrades that improve comfort, cut energy costs, and extend the life of older buildings.
Grows the Community Housing Sector
Builds the capacity and long-term stability of non-profit housing providers across the province.
Unlocks New Affordable Housing
Makes it possible to add new units through infill and expansion, without displacing current residents.
Our ecosystem
Investing in community housing for a sustainable future.
The Team
Our dedicated team working together to protect and preserve affordable rental housing across B.C.
Board and Investment Committee
Governance and Advisory Leadership
Pre-Qualified Non-Profits & Partners
Pre-qualified non-profits play a vital role in enhancing affordable housing through the Rental Protection Fund.