2006 Credit Union Award for Community Economic Development
Assiniboine Credit Union Helps Deliver Affordable Housing
In 2006, the Canadian credit union system
presented the 18th Annual
Community Economic Development Award
Assiniboine Credit Union (ACU).
In the mid 1990s, ACU responded to a member call to exercise leadership in
addressing the housing crisis in Winnipeg’s inner city. The result is ACU’s
Affordable Housing Program – an inspiring example of how to harness the power of
co-operative principles. Through productive partnerships with non-profit
neighbourhood groups, government agencies and other community builders, the
credit union plays a key role in ensuring and sustaining equitable housing
programs throughout Winnipeg.
Since 1997, ACU has provided more than $20 million in credit to assist in the
development of over 500 affordable and special needs housing units. In addition,
it has built productive relationships with many non-profit neighbourhood groups
as well as with the three levels of government through Winnipeg Housing and
Homeless Initiative (WHHI).