Anhart

What Anhart does

Anhart Community Housing Society is a Canadian non-profit affordable housing developer founded in 2000 with its first project in Vancouver's Downtown Eastside. The organization operates a full-lifecycle development platform spanning site acquisition, design, construction management, financing, and long-term stewardship, partnering with local non-profits, municipalities, and Indigenous organizations across Canada. Anhart deploys patient capital through a layered corporate structure including Anhart Ventures (LP unit holder), Anhart Investments Ltd. (General Partner), and Anhart Affordable Homes Corporation (national operator), with provincial and territorial affiliates supporting coast-to-coast delivery.

The product portfolio comprises six housing typologies—affordable rental, hotel and SRO conversions, transitional housing, affordable home ownership, modular housing, and holistic community development—exemplified by projects such as the 48-unit Merritt townhomes and legacy Vancouver conversions like the Dodson Hotel. Technical assets include modular construction methods for rapid, cost-effective delivery and the Housing Feasibility Calculator (TDCE), a free online development cost estimator using industry benchmarks. Anhart also distributes an Affordable Housing Limited Partnership investment product to accredited Canadian investors, offering a 2% preferred return, a $100,000 minimum, and a 50-year term.

Revenue is generated through development services, property and tenant management, affordable home sales (Merritt), and capital intermediation via the Limited Partnership. Pre-development consulting is offered free to community partners as part of the non-profit mission, while investor capital flows through the LP structure. The company has cumulatively managed $6M in legacy impact loans (pre-2019) and $16M in LP capital, completed 151 affordable housing units in its 2004–2023 Foundation Phase, and targets 20,000 affordable homes nationwide by 2045.

Name

Anhart

Legal name

Anhart Community Housing Society

Website

https://anhart.ca

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Anhart Community Housing Society is a Canadian non-profit developer delivering affordable housing through local partnerships, modular construction, and a Limited Partnership investment vehicle, with 151 units completed since 2000 and a target of 20,000 homes by 2045.

Ownership category

akta.pro rank

Product category

Affordable Housing Development

NAICS

Residential Building Construction (2361), New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116), New Single-Family Housing Construction (except For-Sale Builders) (236115), Services to Buildings and Dwellings (5617)

SIC

General Bldg Contractors - Residential Bldgs (1520), Operators Of Apartment Buildings (6513), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Housing Development, Construction & Rehabilitation Programs (BPAIANAB), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Affordable housing development
• Non-profit real estate developer
• Modular housing construction
• Community housing partnerships
• Impact investing limited partnership

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Development Services: Non-profit developmental services including site acquisition, design, construction management, financing, and long-term stewardship. Revenue reinvested into new affordable housing projects.
2. Limited Partnership Investments: Capital deployment through accredited investor limited partnership with 2% preferred return, semi-annual distributions when distributable cash is available, and potential net sale proceeds from project lands/assets.
3. Property & Tenant Management: Property and tenant management support services for community housing operations.
4. Affordable Home Sales: Sale of affordable townhome units to qualified buyers through direct sales model with Vancouver design standards at below-market pricing.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Anhart is a Canadian national non-profit housing developer that delivers affordable housing projects through full-lifecycle services including site acquisition, design, construction management, financing, and long-term stewardship. The company partners with local non-profits, municipalities, and Indigenous organizations to develop rental housing, hotel/SRO conversions, transitional housing, affordable homeownership, and modular housing solutions, while also offering a free housing feasibility calculator and an accredited-investor Limited Partnership investment vehicle.

Product overview

Anhart is a national non-profit affordable housing developer operating as a platform of interconnected housing development services. The core offerings include six housing typologies (Affordable Rental Housing, Hotel & SRO Conversions, Transitional Housing Continuums, Affordable Home Ownership, Modular Housing Solutions, and Holistic Community Development) complemented by two major tools/products: the Housing Feasibility Calculator (TDCE) for development cost estimation and the Affordable Housing Limited Partnership for impact investing. The company also develops specific housing projects like the Anhart Merritt Townhomes (48 units in Merritt, BC), combining modular and traditional construction approaches. Anhart's model integrates patient capital from impact investors, partnerships with local non-profits and municipalities, and Vancouver-based design standards delivered across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Rental Housing Long-term dignified rental housing opportunities accessible to working families and individuals, forming a core pillar of Anhart's housing development model.
• Hotel & SRO Conversions Transforms aging urban infrastructure such as hotels and Single Room Occupancy buildings into safe, modern affordable homes while preserving community roots.
• Transitional Housing Continuums Supported micro-living environments that bridge the gap between vulnerability and stability for individuals in need of temporary housing solutions.
• Affordable Home Ownership Pathways to home ownership through alternative financing models and innovative ownership structures for first-time buyers seeking below-market-priced homes.
• Modular Housing Solutions Innovative modular construction technology enabling rapid, cost-effective housing delivery through local modular housing manufacturing partnerships.
• Holistic Community Development Complete ecosystem development where social connection, commerce, and housing intersect to build sustainable, vibrant communities.
• Housing Feasibility Calculator (TDCE) Free online development cost estimator using industry benchmarks and affordable housing parameters to help users calculate project feasibility for affordable housing developments.
• Affordable Housing Limited Partnership

Quantifiable outcome

• 20,000 affordable homes targeted by 2045 across Canada
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Fraser Inclusive and Supportive Housing Society (FISH)coreStrategic or Co-development PartnerCommunity partner organization for affordable housing development in BC communities, providing local expertise and community knowledge.
• Ottawa Valley Affordable Housing (OVAH)coreStrategic or Co-development PartnerRegional partner organization for affordable housing development in the Ottawa Valley region, working with Anhart on local housing solutions.
• Sustainable VillagescoreStrategic or Co-development PartnerPartner organization focused on sustainable village and housing solutions, collaborating on eco-friendly affordable housing developments.
• Community BuilderscoreStrategic or Co-development PartnerFormed as a key partner group during the Foundation Phase (2004-2023) for community housing development initiatives.
• Anhart ConstructioncoreImplementation/ SI/ Consulting PartnerTrusted construction partner that reduces costs and delivers quality without cutting corners, ensuring project innovation from back to front.
• GWA ArchitecturecoreImplementation/ SI/ Consulting PartnerProven architecture firm partner providing design expertise and reducing costs while delivering quality architectural solutions.
• ATCOminorStrategic or Co-development PartnerCorporate partner involved in affordable housing development ecosystem.
• Purpose ConstructionminorImplementation/ SI/ Consulting PartnerPartner construction company contributing to affordable housing project delivery.
• QuixulinminorStrategic or Co-development PartnerPartner organization in the housing development ecosystem.
• The Power of SmallminorStrategic or Co-development PartnerCommunity development partner organization.
• Gotta Love CanadaminorStrategic or Co-development PartnerCommunity partner organization supporting affordable housing initiatives.
• LCLAminorStrategic or Co-development PartnerPartner organization in the affordable housing development network.
• Mark Wilson GroupminorStrategic or Co-development PartnerPartner organization in the housing development community.
• Pro Pest CleanminorImplementation/ SI/ Consulting PartnerService partner providing pest control and clean-up services for development projects.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Others

• Rally Assets: Canadian impact investment management firm focused on affordable housing and community real estate. Comparable as a competing institutional-grade impact investment vehicle targeting mission-aligned capital in Canadian affordable housing.
• MakeWay (Tides Canada): Canadian non-profit platform supporting charities and impact initiatives, including housing and community development. Comparable as an enabling non-profit ecosystem player that channels capital and capacity to housing projects.
• Vancity Community Foundation: Vancouver-based community foundation channelling impact investment into affordable housing and social enterprises. Comparable to Anhart's LP impact-investing model and credit-union partnerships in BC.
• ATCO Structures & Logistics: Canadian modular construction and workforce housing provider, also a named Anhart partner. Comparable as a modular construction technology provider serving affordable and Indigenous housing.

Broad incumbents

• BC Housing: Provincial Crown agency operating across the full BC affordable housing spectrum — development, ownership, and subsidy administration. Comparable to Anhart as a major BC-based affordable housing developer, though broader in scope.
• Toronto Community Housing Corporation (TCHC): Canada's largest social housing provider, owning and operating over 2,200 social housing buildings in Toronto. Comparable to Anhart as a major non-profit affordable housing operator, though at much larger scale and broader scope.

Direct peers

• Co-operative Housing Federation of Canada (CHF Canada): National federation supporting a network of non-profit housing co-operatives across Canada. Comparable to Anhart's community-led, multi-stakeholder housing model and national ambition.
• Options for Homes: Non-profit developer providing affordable homeownership through innovative shared-equity and rent-to-own models in Ontario. Closely comparable to Anhart's alternative-financing home ownership pillar and D2C buyer sales motion.
• Habitat for Humanity Canada: Canada's largest non-profit affordable homeownership organisation, building and rehabilitating homes in partnership with low-income families. Directly comparable to Anhart's affordable home ownership and community-led development model across Canada.
• Centretown Citizens Ottawa Corporation (CCOC): Non-profit community housing developer and operator in Ottawa, providing affordable rental and home ownership through cooperative structures. Directly comparable to Anhart's multi-tenure, non-profit, community-led housing model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anhart