Where does the money go?
million in nearly 600 projects that enhance the real estate
industry and benefit the people of Alberta. We help fund a
diverse range of initiatives, including – supporting education
and research around water related issues, enhancing industry
and homeowner knowledge on energy efficiency and healthy
homes, as well as consumer education around
renting and condominiums.
Where does the money come from?
The Foundation’s revenue is generated by Real Estate transactions across the province. Under the
Alberta Real Estate Act, whenever a home buyer deposits money in trust through a Real Estate
broker, the interest that’s earned on the deposit is accumulated and forwarded to AREF for
reinvestment in Alberta’s communities.
The Foundation has funded nearly 600 community investment initiatives since 1991. View some of our most recent projects here.