Grandma and grandchild enjoy time together.

Building homes that people can take pride in.

Dedicated to growing the community housing sector.

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

DIRECTOR OF DEVELOPMENTMänia Hormozi

DIRECTOR OF DEVELOPMENTMänia Hormozi

Mänia Hormozi joined CLT as Director of Development in March 2023, and 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. Mania 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. Mania also enjoys mentoring a new generation of development professionals at CLT. Mania 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, Mania 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, Mania 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

DIRECTOR OF FINANCEToan Le

DIRECTOR OF FINANCEToan Le

Toan Le is CLT’s 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

DIRECTOR OF REAL ESTATE AND ASSET MANAGEMENTNatasha Terehoff

DIRECTOR OF REAL ESTATE AND ASSET MANAGEMENTNatasha Terehoff

Natasha is the Director of Real Estate and Asset Management 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.

Job opportunityExecutive Director

Reporting to the CEO of CHF BC, the Executive Director (ED) drives the growth and impact of CLT’s housing portfolio, overseeing new developments, acquisitions, and redevelopments to maximize affordability and sustainability of non-market and community-based housing in BC. The ED stewards CLT’s financial health, working with the Director of Finance to secure investments, manage budgets, and ensure CLT’s long-term viability. A strategic and inspiring leader, the ED fosters a collaborative, innovative, and inclusive workplace, mentoring a high-performing team dedicated to CLT’s mission. Building and maintaining key strategic partnerships, the ED engages with co-ops, non-profits, government agencies, lenders, investors, and community leaders to expand CLT’s reach. With a strong focus on governance and risk management, the ED ensures compliance with legal, regulatory, and financial obligations, upholding the highest standards of integrity and accountability. As a key spokesperson of CLT, the ED advocates for community-led housing solutions, representing the organization at industry events, in the media, and with policymakers to drive systemic change.

Find Our More

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.

Visit CHF BC
Meet the Board
Meet the Leadership Team

CLT Good Works.

The Community Land Trust Foundation administers three funds designed to reduce barriers to joining housing co-operative communities: The Disability Trust, the Domestic Violence Relief Fund (DVRF) and the CHF BC Scholarship Fund.

The Disability Trust recognizes that even a small extra monthly cost can be a hardship for someone on a fixed income. Many co-ops were built without wheelchair accessible units, and people who needed them could not afford to pay the share purchase required for co-op membership. The Trust helps by providing loans with no fee or interest to qualified beneficiaries.

Learn More

The Domestic Violence Relief Fund (DVRF) assists women who have experienced or are at risk of abuse, threats, or violence, who cannot afford to pay for their shares when they move into a housing co-operative. The DVRF helps by providing loans with no fee or interest to qualified beneficiaries.

Learn More

The CHF BC Scholarship Fund supports the education dreams and ambitions of the next generation of co-operators. Each scholarship is worth up to $5,000 and is awarded in multiple years: $2,000 in the first year of study and then $1,000 a year for up to three more years. To be eligible, applicants must Live in a CHF BC member housing co-operative. Visit the CHF BC website for more information on scholarship application and eligibility requirements.

Learn More