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Vernon Model

Non-profit · Vernon Native Housing Society · Vernon, BC

On Deck· Near ready2/7Single· Land secured
68Readiness

VNHS had a shovel ready projectt (94 units - $50M) cancelled by the BC government. The society is pivoting to create a mixed-tenue, mixed-income project that combines RGI, near market rentals and affordable homeownership

Type
Apartment
Units
100
Stage
Rezoning
Capital sought
$1000.0B
Land
Owned
Servicing
Fully serviced
Submitted
2026-08-14
Project ID
HOB-0035

Where this project sits

Rookie Ball
Single
Double
Triple
Batter Up
Home Run
World Series

Single Land secured. Readiness tier: On Deck (near ready).

Readiness breakdown

Site readiness30/30
Land control and servicing
Capital readiness3/25
Financing and program support
Team readiness25/25
Design, delivery, and operations roles
Regulatory readiness10/20
Approvals stage

Gap report — what gets this project to batter up

  • Financing
    Match with lenders, impact investors, and CMHC programs.
Matching (coming next): BuildBlox will match this project against verified capital providers and delivery partners — including the OHC directory of 848 Canadian offsite manufacturers.