Governance
Governance and Advisory Leadership
How we operate
The Rental Protection Fund is a non-profit organization led by the Community Housing Sector and governed by a Board of Directors consisting of the CEOs of the Aboriginal Housing Management Association (AHMA), the BC Non-Profit Housing Association (BCNPHA), and the Cooperative Housing Federation of BC (CHF BC).
The Fund’s operations are managed by the CEO and staff, with all funding decisions made by the CEO, and informed by recommendations from the Investment Advisory Committee (IAC).
Board of directors
Meet the dedicated individuals guiding our mission.
Investment Advisory Committee
The Rental Protection Fund's Investment Advisory Committee provides critical guidance and review of acquisition proposals brought forward for Fund consideration. The Committee's membership reflects a cross-section of industry-leading professionals with a range of experience in areas that include property acquisition, financing, sustainable management of non-profit housing, and a strong knowledge of the BC real estate market.
VanMar Constructors Inc.
Ryan
QuadReal Property Group
Nch'ḵay̓ Development Corp.
Province of British Columbia Ministry of Housing and Municipal Affairs
Role of the Investment Advisory Committee
Our Investment Advisory Committee supports effective decision-making by leveraging industry-leading experience to inform the Fund's investment process through:
Advising on evaluation frameworks used to assess potential acquisitions.
Reviewing proposals from pre-qualified non-profit housing providers.
Recommending investments that align with the Fund’s mission to preserve affordability and grow the sector.
Providing insight on market trends and financial conditions that may impact investment decisions.
While final decisions rest with the Fund’s CEO, the IAC plays a key role in ensuring investments maximize the Fund's impacts, align with strategic goals, and strengthen the community housing sector as a whole.
How applications are evaluated
The Investment Advisory Committee evaluates funding applications based on how well each proposal aligns with the Fund's mission: to leverage and catalyze investment into the community housing ecosystem to drive transformative growth. Applications are reviewed for financial readiness, impact, and long-term sustainability. Key evaluation criteria:
Alignment with Fund Goals
Does the investment protect purpose-built rental homes from redevelopment or significant rent increases?
Affordability Impact
Will the acquisition support both immediate and long-term affordability?
Efficient Use of Funds
Are Fund resources being used to generate the biggest impact for the community housing sector - e.g. Acquisitions reflect fair market value and leverage diverse funding sources?
Geographic Equity
Does the acquisition contribute to regional balance in how the Fund's resources are distributed?
Capacity to Deliver
Has the applicant demonstrated the ability to successfully acquire and manage the property?
Secured Financing
Is the applicant well-positioned to secure the financing necessary to acquire the property?
Capital Project Planning
If major repairs are required, has the applicant shown how they will manage the project within scope, schedule, and budget of their Capital Plan?
Long-term Asset Stewardship
Is there a sustainable plan in place to manage and maintain the property for the long-term?