Canada Housing Trust No.1, founded in 2001 and based in Canada, operates as a government-sponsored entity with the primary purpose of funding the creation of rental housing through the issuance of bonds. The trust raises capital to support affordable housing initiatives across the country, enabling a steady flow of financial resources for residential projects.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Canada Housing Trust No.1 has been recognized for its significant bond issuances, particularly in the social housing sector. Notably, the trust began issuing bonds in 2001, with a focus on long-term financing for affordable housing developments. Current yield rates on its bonds consistently compare favorably against industry benchmarks, making these investments attractive to retail investors. The trust’s bonds feature government-backed guarantees, providing a level of security that distinguishes them in the market. In 2023, Canada Housing Trust No.1 successfully completed a $1 billion issuance to further fund critical housing projects, showcasing its ongoing commitment to enhancing Canada’s affordable housing landscape.