The Banfield House building was acquired by ICO in 2004 in cooperation with the Vancouver Island Health Authority. This health residence provides a supportive living environment for 22 citizens with persistent mental health issues who may be at risk for poverty and homelessness. ICO leases the building to the Vancouver Island Health Authority as part of our overall mission. Island Health provides the health professionals and support, including catering staff. Each resident has a private room with ensuite and shared common areas. ICO provides the maintenance of the building and any building upgrades. The building management and administration is provided by ICO volunteer Team Members.

The maintenance, insurance, and taxes for this building are met by the cash flows from the lease with Vancouver Island Health Authority and no donations are required to support its operations. Any positive cash flow from the lease is used for asset management and for supporting the administrative operations of ICO Initiatives and Projects worldwide, therefore allowing every donated dollar to be given directly to the Initiatives.