This grassroots co-operative just bought 58 units in Kitchener

A community-led approach to housing that focuses on permanent affordability has acquired its first two apartment buildings in Kitchener after a multi-year grassroots campaign.

The Union: Sustainable Development Co-Operative announced this week it has bought two apartment buildings on Lancaster Street totalling 58 units, with plans to build an additional two accessible units in one of the building’s ground-floor garages.

Through a combination of membership investments and funding from local charities and organizations, the co-op was able to raise over $8 million to buy the $16.5-million property.

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