Archive

Local Habitat for Humanity subsidiary offering attainable home ownership

May 24, 2019   ·   0 Comments

Habitat for Humanity Wellington Dufferin Guelph is introducing an initiative to expand affordable housing availability. The program supports first-time buyers in overcoming financial barriers that are preventing them from becoming homeowners. This program is aptly named Within Reach.

Within Reach is an extension of the Habitat affordable homeownership model. Through shared equity mortgages, those families that can afford conventional financing but require assistance with down payments can now access ownership. The program is available now within our Cityview Village project in Guelph. The program applies income guidelines set in the recent Federal budget. 

With 28 units among three buildings, the planned Cityview “village” in Guelph is a bright, stable and supportive community comprised of individuals and families who, with Habitat’s help, will thrive in a stable, safe and healthy environment through affordable homeownership. They will experience improved health, education and employment outcomes. 

“This is an important initiative undertaken by our Board and staff,” said Steve Howard, CEO of Habitat WDG. “Habitat recognized that there is a gap in the traditional way that our organization selects families for our home-ownership model, and after consulting with the Guelph & District Association of Realtors, we are proud to share our attainable housing model, which will allow more families to be Habitat partner families.”

He added, “Partnership is an important part of this. Not only does this initiative support our current project, we are looking ahead to gathering community leaders and advocates of affordable housing interests in larger scale projects such as the reclamation of the IMICO site. Within Reach is foundational to supporting those organizations.”

To learn more about Within Reach and Habitat WDG, visit www.withinreachwdg.ca, or contact Steve Howard, CEO, at steve@habitatwdg.ca.



         

Share Button


Readers Comments (0)


You must be logged in to post a comment.