STOREYS: Canadian Rental Housing Organizations Unite to Support Ukrainians

STOREYS  –  Canadian Real Estate News  –  Tuesday, March 15th 2022

A growing number of Canadian real estate companies are stepping up to the plate to offer assistance to Ukrainians in the midst of the ongoing crisis.

Last week, Western Canada’s Mainstreet Equity Corp. (Mainstreet) announced that they would provide housing assistance to refugees who have fled Ukraine.

Now, a group of Canada’s largest private and public rental housing providers have united to offer support for the people of Ukraine. According to a press release, Boardwalk REIT, CAPREIT, Hazelview Properties, Homestead, InterRent REIT, Minto Apartment REIT, and Starlight Investments have united as “the Group” to identify ways to support those impacted by the humanitarian crisis.

“While each organizations’ program(s) may differ slightly, collectively the Group has committed to providing approximately 400 apartments with various relief packages, such as reduced/free rent, flexibility on tenure, waiving deposit requirements, added furnishings, and more,” reads the release.

Each organization will work with authorities and agencies leading refugee programs to explore how to best support refugees arriving in Canada. Some 2M people have now fled Ukraine due to the Russian invasion.

Now, a group of Canada’s largest private and public rental housing providers have united to offer support for the people of Ukraine. According to a press release, Boardwalk REIT, CAPREIT, Hazelview Properties, Homestead, InterRent REIT, Minto Apartment REIT, and Starlight Investments have united as “the Group” to identify ways to support those impacted by the humanitarian crisis.

“While each organizations’ program(s) may differ slightly, collectively the Group has committed to providing approximately 400 apartments with various relief packages, such as reduced/free rent, flexibility on tenure, waiving deposit requirements, added furnishings, and more,” reads the release.

Each organization will work with authorities and agencies leading refugee programs to explore how to best support refugees arriving in Canada. Some 2M people have now fled Ukraine due to the Russian invasion.

https://storeys.com/canadian-rental-housing-organizations-unite-support-ukrainians/