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Two local families closer to home ownership as Habitat builds progress

Posted by Adam in Local News, 9/5, 4:27 PM

Two local low-income families are that much closer to home ownership as work continues on Habitat for Humanity’s newest builds in the city’s East End. 

This year two approximately 900 square foot homes with a total of about 1800 square feet of living space including finished basement are in the process of being built on Franklin Street. That process began with four weeks of volunteer efforts in July as the exterior and interior walls were built and has now progressed to work by tradespeople on items such as trusses, roofs, windows and basement window wells. 

When complete by this Spring, the soon-to-be owners will purchase their homes at market value determined by an independent assessor. An interest-free mortgage is paid at 27% of the owner’s net income for the first 15 years. Following that, beginning at year 16 a standard mortgage would be taken out on the remaining principal of the home. 

Applicants also offer 500 hours of volunteer time in working on theirs or their neighbour’s home, working at Habitat for Humanity events or at the downtown ReStore location. 

2019’s new builds are adjacent to three others that have taken place through the program since 2017 with two families having taken possession this year and a third moving into their new place later this month. 

This year's new builds beside three from previous years

All partners through Habitat for Humanity’s program have a family income of $26,000 to $75,000 and are coming from a situation where they are not in home ownership. 

For working families that might be a candidate for a future Habitat project, an information session will be held on October 10th to discuss criteria that goes into the application process that ultimately leads to a selection committee choosing future partners. That evening’s presentation begins at 6:30pm at the BNRC building at 440 Rosser Avenue. 

Habitat for Humanity Manitoba works with people from all walks of life to build safe, decent, affordable housing for purchase by low-income working families in Brandon via its local Brandon chapter. More can be learned on its website at https://www.habitat.mb.ca/ 

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