Senakw 2021 Fall Update

We’ve been working hard to complete all the necessary steps to commence construction later this year. We’ve nearly finalized all legal documents and we have concluded a Services Agreement for all of the infrastructure requirements in record time. We anticipate completing all agreements by the end of 2021. To that end, we are excited to announce an agreement with CMHC for what will become the largest loan in CMHC’s history. This loan will fund the first half of the project (7 buildings), it also includes provisions for approximately 250 homes being made available to Squamish Nation members at reduced monthly rents in the first two Phases.