We are looking for proposals that can become successful grant applications. Successful applications occur when there is strong compatibility between the applicant's and the Foundation's mission and goals. We do not want to miss a good opportunity to work with a potential partner. Please send us a thoughtful letter of inquiry describing your initiative
Eligibility
You must be a non-profit society.
Grants are organized according to the Foundation's purposes, as described in the Real Estate Services Act (i.e. research, public education, professional education, law reform, and other real estate related good works). Projects concerning affordable housing fit under the latter most of the categories: and other real estate related good works.
Current priorities include:
- Non-profit housing/shelter construction and renovation projects that create new units or beds in response to an identified/researched need in the community.
- Housing projects which incorporate sustainable land use and green building practices.
- Housing projects in smaller communities, which often lack the resources and fundraising base of larger centres.
Note that, as a rule, the REF will not fund housing projects receiving funding under the Independent Living BC program.
Application procedure
The Real Estate Foundation has a two-stage grant application process:
- Letter of Inquiry
The Foundation responds to letters of inquiry (LOI) quarterly. However, we receive LOI's on an ongoing basis. We encourage you to inquire early, especially if your project is time-sensitive. Staff will respond to letters of inquiry three weeks after an LOI deadline. Applicant organizations that are invited to submit a formal grant application will be advised of the application deadline at the time of invitation.
- Grant Application
Foundation staff invite formal applications based on letters of inquiry. The Board of Governors make grant decisions at quarterly meetings. Organizations which are invited to apply for a grant will be notified of the date by which the application must be received by the Foundation.