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Investment

Jewish Community Affordable Housing Program

The JCARP Pilot Project has been operational since November 1, 2004. Funded by UJA Federation and administered by the Kehilla Residential Programme (KRP), this program identifies and places clients of Jewish community agencies in units situated on or near the Bathurst Street corridor in Toronto. The original concept of JCARP was two-fold: the first was as described above, and the second was to invest funds into a rent bank to fund the differential between market rental rates and the amount participants can pay. This second part was never implemented and JCARP has operated without a subsidy component since 2004.

JCARP has been very well received by UJA Federation communal agencies and other Jewish communities in Canada. In 2005, JCARP was presented at a National Conference of Jewish Family Service Agencies in Ottawa and the response was enthusiastic. Both the Montreal and Vancouver Jewish communities have endeavored to replicate the program, but found the concept difficult without a rent bank. A two-year pilot to fund the rent bank will not only revitalize the program, but will also demonstrate that the concept can be easily replicated in other Jewish Communities. The funding will also provide leverage with funders to obtain permanent core funding.