Grandma and grandchild enjoy time together.

Building homes that people can take pride in.

Our StorySupport, preserve and expand co-operative and non-profit housing now and for the future.


Community Land Trust (CLT) is a social purpose real estate developer that helps to create permanently affordable housing solutions for people, with a focus on co-operative housing.

Established by the Co-operative Housing Federation of BC (CHF BC) in 2015, CLT is owned by BC’s co-operative housing sector and is a member of the CHF BC group of social enterprises. The CLT is overseen by a board elected from the members of CHF BC and is guided by CHF BC’s vision: to grow an inclusive community of sustainable and permanently affordable co-operative housing.

CLT’s first properties were originally owned by the Province of BC and CMHC, and were transferred to CLT in trust. In 2014, a groundbreaking partnership with the City of Vancouver was the catalyst for our growth and expansion, providing the scale we needed to create new housing opportunities for people, and employ new and innovative strategies for housing development.

Today, CLT helps drive growth in the non-market and community housing sector by building new housing co-ops, preserving and redeveloping existing co-ops, and leveraging the value of our portfolio to build more housing. We also serve the broader community housing sector by expanding opportunities for co-op and non-profit housing.

Our strength is in our portfolio of properties, which gives us the resources and scale to be an influential and meaningful player in the housing sector in BC.

Our teamMeet the team that makes it all happen.

CLT Senior Management Team

ASSOCIATE EXECUTIVE DIRECTOR OF DEVELOPMENTMänia Hormozi

ASSOCIATE EXECUTIVE DIRECTOR OF DEVELOPMENTMänia Hormozi

Mänia Hormozi is CLT’s Associate Executive Director of Development. Mänia brings more than a decade of experience in the development sector to the role. She oversees CLT’s development portfolio, secures funding and financing for projects in pre-development and sees projects through construction. Mänia plays a key part in CLT growth plans, in assessing acquiring existing rental and housing co-operative properties, and in seeking out new development opportunities. Mänia was drawn to CLT by her passion to address housing inequities and the affordable housing shortage in BC. She sees the complex and challenging nature of real estate development in BC as an opportunity to make a meaningful difference for people looking for secure and affordable homes, while also helping to grow the co-operative housing sector in BC. Mänia also enjoys mentoring a new generation of development professionals at CLT. Mänia was introduced to the community housing sector in 2011 when she joined a boutique developer building the first affordable home ownership project in Vancouver’s Downtown Eastside in partnership with BC Housing and CMHC. Over the next seven years, Mänia worked as a development management consultant with a range of non-profits before joining BC Housing in 2018 as a development manager. In her spare time, Mänia continues to pursue a lifelong passion for movies and animation, one that started at a young age and included serving on international film festival juries.

CLT Senior Management Team

MANAGING DIRECTOR OF FINANCE AND ACCOUNTINGToan Le

MANAGING DIRECTOR OF FINANCE AND ACCOUNTINGToan Le

Toan Le is CLT’s Managing Director of Finance, and a seasoned Chartered Professional Accountant (CPA) with over 12 years of diverse experience in accounting and finance. His extensive professional background includes real estate development, property management, asset management, and insurance, demonstrating a robust understanding of complex financial landscapes and industry-specific challenges. Toan’s strategic vision and operational acumen make him an essential asset to the CLT leadership team. His ability to navigate the nuances of finance within various sectors and his proven track record in management roles highlight his commitment to excellence and his readiness to drive financial success for the organization. Toan is deeply committed to giving back to society, believing that everyone has a role to play in creating positive change. He finds immense personal fulfillment in utilizing his skills and knowledge to make a difference in the communities he serves. Outside of his work, Toan enjoys cycling and most importantly spending time with his wife, friends and family.

CLT Senior Management Team

MANAGING DIRECTOR OF HOUSING OPERATIONSNatasha Terehoff

MANAGING DIRECTOR OF HOUSING OPERATIONSNatasha Terehoff

Natasha is the Managing Director of Housing Operations at CLT. She is responsible for overseeing the CLT portfolio and transition projects from development to fully occupied buildings that includes marketing, lease-up, co-op governance and education support. She leads a team of property and building managers, maintenance technicians, caretakers, and administration staff . She is responsible to ensure buildings run effectively in the key areas of asset and property management and building operations in a collaborative environment working with project stakeholders. Natasha has over 16 years of experience in residential, commercial and special purpose property management, including 5 years working with co-operative housing with CHF BC, CLT’s parent organization.

CHF BCA stronger place for community.


CLT is owned by BC’s cooperative housing sector and is a member of the Co-operative Housing Federation of BC (CHF BC) group of social enterprises.

CHF BC is the go-to hub for all things related to co-op living. They unite, represent and serve housing co-ops and their members. Governing and managing co-op homes and communities can be challenging. Whatever the members need, they can count on the CHF to be there for them.

CHF BC’s Board of Directors comprises 12 members, 10 of whom are elected by the membership at our annual general meeting. The remaining two directors are Vancouver Island Directors elected annually by delegates to the Vancouver Island Council. The board is responsible for the overall governance and long-term success of the CHF BC group of social enterprises. It also hires our chief executive officer to guide and support staff in CHF BC, COHO, and CLT’s day-to-day operations.