Government of Canada Invests $32.4 Million in Habitat for Humanity Canada to support new construction and repair existing affordable housing
Every Canadian deserves a safe and affordable place to call home. That is why, in May 2018, the Government launched the National Housing Co-Investment Fund (NHCF), the largest program of its kind in Canadian history.
Today the Honourable Maryam Monsef, Minister of International Development and Minister for Women and Gender Equality, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced a $32.4 million financial commitment over three years (2019-2021) from the federal government to Habitat for Humanity Canada and its affiliate organizations across Canada.
With this commitment by the NHCF, a pillar initiative of the National Housing Strategy (NHS), and the work of Habitat for Humanity and its affiliate organizations, approximately 405 new homes will be created and approximately 105 units will be repaired and renewed supporting lower income families in communities in every province and territory across Canada. These homes will meet NHCF accessibility and energy efficiency targets and will serve a range of vulnerable populations including single mothers, Indigenous peoples, people with disabilities and seniors.
“Over the last year our local affiliate has continued to improve upon an already great affordable homeownership program. We are proactively reaching out to partner with builders, vendors, and funders across the community.”said, Katie Blunt, Executive Director, Habitat for Humanity Sault Ste. Marie and Area. ” We are involving the public through Habitat Build Days to raise much needed funds and bring awareness about the challenges families experience accessing affordable housing.”
In the first year of this NHCF commitment, funding is intended to be allocated across nine provinces and one territory in support of the creation of 135 new homes and the repair of approximately 56 existing homes.
Habitat for Humanity Sault Ste. Marie and Area (HFHSSMA) is encouraged by the Federal Governments investment and commitment to affordable housing across the country. Access to funds like CMHC’s Co-Investment Fund, as well as community and stakeholder support is vital to the success of the Habitat affordable homeownership program. HFHSSMA is thankful for support from its sponsors and partners. More than 15 business and organizations across Sault Ste. Marie have contributed to the current build on McAllen, including EACOM, Ontario Works and Sault College. The local affiliate has completed 9 builds and is preparing to complete its 10th by the end of August.
“Habitat Sault Ste. Marie is looking forward to growing its build program to make an even larger impact in our City. Staff are working diligently to prepare for the 2020 build season and we are grateful for the opportunity to apply for funding through the Co-Investment Fund. This partnership between Habitat Canada and the Government of Canada is significant and will benefit many families in communities across the nation.” said, David Thompson, Board Chair, Habitat for Humanity Sault Ste. Marie and Area
The Habitat for Humanity Canada model of affordable homeownership bridges a gap for people who face barriers to homeownership and would not otherwise qualify for a traditional mortgage. Local Habitat for Humanity organizations in every province and territory across Canada help build and rehabilitate decent and affordable homes, from single-family houses to multi-unit developments. With the help of volunteers and donors, Habitat helps families build their own homes and pay an affordable mortgage geared to their income. Safe, decent and affordable homeownership plays a critical role in helping families build a foundation for a life with better choices and more opportunities.
“Our Government is dedicated to helping those in need, which is why we are proud to be investing in Habitat for Humanity Canada. 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.” said, Maryam Monsef, Minister of International Development and Minister for Women and Gender Equality
“We are extremely grateful for this partnership with the Government of Canada and CMHC as this investment will create significant opportunities for Habitat to scale and grow our program in communities across Canada. Collaboration is key to this success, and we will need the support of volunteers, donors, corporations and the community.” said, Mark Rodgers, President and CEO, Habitat for Humanity Canada. “This funding will help empower families to overcome the barriers to affordable homeownership, and help them build healthier, more financially stable lives. We know that the outcomes of our program are long-lasting and life-changing, and now, thanks to this investment from the Government of Canada, we can help even more Canadians in need of affordable housing than ever before.”