IGVhope's ten-year path to homeownership is built at scale. Here's the approximate size of that scale: the economic activity, the jobs, the families, and the affordable rental homes it brings into our communities.
Every home IGVhope builds is a home under construction somewhere on Vancouver Island: materials purchased, trades hired, and local suppliers paid. At a target delivery of 2,000 homes a year, that's approximate direct construction investment flowing into the region annually.
This estimate uses Statistics Canada's 2025 average construction value per residential dwelling unit (≈$280,700, from national Building Permits data) applied to our target annual volume. It reflects direct construction value only. It does not include the additional indirect and induced spending that typically follows a housing project through a local economy, so if anything it's a conservative figure.
New homes don't build themselves. Framers, electricians, plumbers, project managers, and the local trades and suppliers around them all depend on a steady pipeline of construction, and a steady pipeline is exactly what a ten-year, at-scale program is designed to provide.
National data from the Canadian Home Builders' Association shows new-home construction supported roughly 515,000 jobs against 259,000 housing starts in 2025 (about two jobs per home, direct and closely-related indirect). Applied to IGVhope's target of 2,000 homes a year, that's an approximate 4,000 jobs supported annually.
The biggest impact isn't a dollar figure — it's what a locked-in ten-year path to ownership does for a household's stability. Families who know their address isn't changing at the whim of a landlord or a rent increase tend to stay in their kids' school catchment, keep the same commute, and build the kind of long-term ties (neighbours, community groups, local roots) that a transient rental market makes difficult.
At a target of 2,000 keys delivered a year, that's approximately 2,000 households a year moving off that treadmill and into a home that's actually theirs to grow into.
The Osprey comes in different configurations of 4 to 6 homes, depending on the planning rules of the municipality it's built in. One home in every Osprey, a 2-bedroom, 2-bathroom unit, is set aside permanently as an affordable rental, rather than sold.
Across a target delivery of 2,000 homes a year, that works out to approximately 400 new affordable rental homes entering the market annually, for people who need a rental now, not a ten-year ownership path.