Indigenous-owned private credit fund partners with CMHC for home-building venture

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Indigenous-owned private credit fund partners with CMHC for home-building venture
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Pilot project was created by Tracee Smith, president and chief executive officer of Keewaywin and a member of the Missanabie Cree First Nation in Northern Ontario

Indigenous-owned private credit fund Keewaywin Capital Inc. has partnered with Canadian Mortgage and Housing Corp. to build homes for Indigenous communities.

“Keewaywin seemed like a really great opportunity in the sense that it was a private Indigenous business with a really strong desire to support Indigenous communities, in particular, those who had a high need,” Ms. Stewart said. “We really just don’t see a lot of different solutions or opportunities available to those communities.”

After studying dance for her undergraduate degree, Ms. Smith obtained her MBA and developed an interest in the economics of Indigenous communities. In January, 2022, she launched Keewaywin, and this partnership with CMHC is the first time, she said, that it feels like the company is launching forward.

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globeandmail /  🏆 5. in CA

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