The Jubilee Fund advocates economic opportunity for all members of society, through ethical and socially responsible financing of community economic development initiatives.
The Jubilee Fund sees a future in which equitable economic opportunities are available to all members of society.
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| CHAM Holdings Inc. | |
On December 14th, 2006, the remaining three members of CHAM Holdings Inc. meet with the Jubilee Fund to sign an agreement to transfer more than $345,000 as an outright contribution to the Jubilee Fund Inc. for affordable and special-needs housing programs. Picture at right , is Gabriel Dufault, President of the Jubilee Fund Inc. and Bill Halpenny, President of CHAM Holdings signing the important documents.
CHAM Holdings Inc., in 1977 started out with five members as the Co-op Housing Association of Manitoba. CHAM Holdings moved away from co-op housing, into regular non-profit apartment
- development after federal support for the development of co-op housing stopped in the early mid 1990's. Since then, CHAM Housing has become a significant provider of housing for low income persons, providing loans for non-profit housing in West Broadway and other inner-city neighbourhoods.
In Spring 2006, after the death of Henry DeCuypere, the remaining three members
felt they should terminate the activities of the organization due to the age of the
surviving Directors. A decision was made to transfer their assets to the Jubilee
Fund with the hope that their past good work could continue on.
In attendance at cheque presentation January 9th, 2007 - Russ Rothney,
Director Jubilee Fund; Neil Childs, Director & Secretary CHAM Holdings Inc.;
Gabriel Dufault, President Jubilee Fund and Rita Borthwick, Fund Development
Manager, Jubilee Fund Inc.