A New Innovative Program Will Build 405 Affordable Homes Across Canada In The Next 3 Years
The organization will receive $32 million dollars from the federal government.
It was announced today that the Canadian federal government will be making a 3-year financial commitment to Habitat for Humanity Canada, allowing the organization to create more than 400 new affordable homes and enabling them to carry out more than 100 repairs on existing Habitat properties. Between 2019 and 2021, the charity will receive $32.4 million dollars in funding, which will create hundreds of homes for lower-income families in communities Canada-wide.
According to the news release, Habitat for Humanity and their associated organizations will use the money to build approximately 405 new homes across the country. The new houses, which will aim to “support lower-income families...across Canada,” and will primarily aim to serve more ‘vulnerable’ Canadians, including single mothers, Indigenous people, people with disabilities and the elderly.
During the first year of the federal government and Habitat for Humanity partnership, the funding will be allocated across nine provinces and one territory. During this time, the organization intends to build 135 new homes and complete repairs on 56 existing properties.
The purpose of Habitat for Humanity Canada is to create a model of “affordable homeownership [that] bridges a gap for people who face barriers to homeownership and would not otherwise qualify for a traditional mortgage.”
According to the news release, the organization is active in every province and territory across Canada, helping to build and fix-up homes that can be affordable for all Canadians, regardless of their personal circumstances.
The charity relies on help from volunteers and donors to build the properties and allows new home-owners to pay an affordable mortgage on the property, based on their income. All of the houses built under the program will have trees, a garden, a walkway with a bench, and a party room/social lounge on the first floor.
In order to provide affordable housing for a wider range of people, units will be available to people with a variety of incomes, ranging from $20,000 to $50,000, depending on family size. Most specifically, the organization aims to help the more vulnerable members of the community, including but not limited to elderly people, single mothers, people with disabilities, or Indigenous people.
Speaking about the new partnership with Habitat for Humanity, the Minister of International Development and Minister for Women and Gender Equality, Maryam Monsef, said, "Our Government is dedicated to helping those in need, which is why we are proud to be investing in Habitat for Humanity Canada.”
Monsef continued, “Through their efforts, hundreds of families across Canada will realize the dream of homeownership. By investing in this project, we are one step closer to our government's ambitious goal of creating 125,000 new housing units and lifting 530,000 families out of housing need as part of the National Housing Strategy."
The new funding supplied to Habitat for Humanity from the Government of Canada is part of their ‘National Housing Strategy' (NHS). The 10-year, $55 billion plan aims to create 125,000 new housing units in Canada and take 530,000 families out of housing need.
Alongside this, the federal government aims to repair and renew approximately 300,000 housing units, with the intention of reducing chronic homelessness by 50 percent.