Homeownership

"You've made our dreams come true!" - Jenn Slattery, Kehl Street homeowner, 2015

 

Homeownership is out of reach for many families because a down payment is often too difficult to save for, and interest charges make a mortgage payment more than many can afford.

That’s where we come in! Established in 1988, Habitat for Humanity Waterloo Region is a nonprofit housing organization working to break the cycle of poverty by building simple, decent and affordable homes for hardworking, low-income families.

Focused on providing a hand up and not a hand out, Habitat for Humanity Waterloo Region partners with families who are willing to volunteer 250 hours, per adult, of “sweat equity” and will repay an interest-free mortgage.

 

(Just some of the) benefits of being a homeowner with Habitat for Humanity Waterloo Region:

  • 78% of families report better health, including reduced colds, flu, allergies, asthma symptoms and stress
  • 89% of families report happier family life
  • 65% of families report their children’s confidence has improved
  • 58% of families report they are better off financially
  • no down payment on your mortgage
  • interest-free mortgage
  • mortgage payments are geared to your income
  • you will OWN your forever home to make memories within

 

"It's so amazing that our neighbours will be other families just like us... hard-working, goal-oriented people."  - Kristy Underwood, Kehl Street homeowner, 2015

 

How can you get a Habitat for Humanity Waterloo Region home?

To apply, you must meet the following criteria:

  • your family has a steady and stable income
  • you do not qualify for a mortgage from a bank or mortgage lender
  • your total family gross household income is between $30,000 and $59,000*
  • your family has at least one child who is preferably 13 years or younger at the time you apply
  • your family has lived in Waterloo Region continuously for the past 3 years
  • each adult must be prepared to complete a minimum of 250 volunteer hours known as "sweat equity"

 

How can you get your 250 hours? (and what can qualify as "sweat equity"?)

Help build your home or your neighbour's.

Don’t worry. Even if you don’t have any building skills or experience you can join the team on our build site. We will train you, provide all the safety equipment and tools you will need. We’re here with you for the journey. Plus, you’ll learn valuable skills for when you’re a homeowner.

Help keep other volunteers happy and healthy.

Building a home is a lot of hard work. Everyone certainly works up an appetite. On our build site, we need you to prepare meals and snacks for our volunteers along with keeping the place sparkling and organized. 

Help us at our ReStore.

ReStores are nonprofit home improvement stores and donation centres that sell new and gently used cabinetry, furniture, home accessories, building material and appliances to the public at a fraction of the retail price… up to 80% off!  We need your help stocking shelves, repairing, restoring, cleaning, pricing and more. You’ll be helping us cover our administrative costs. Not to mention the bargains you could find for your new home!

Help your own community.

Pay it forward.  The community is helping you build your home, let’s help them too. After all, we may not live next door to each other, but we are still neighbours. You can use a portion of your volunteer hours at your kid’s school, other community events and so much more.

 

What do we build at Habitat for Humanity Waterloo Region?

  • simple, decent and affordable homes
  • townhouse style homes in condominium complexes … we’re really building communities!
  • most units are 1100 sq ft — a lot of room for a happy family
  • all building codes and requirements are met

 

Ready to start your journey?  You too can become a homeowner!  The application process is just that: a process. There are many steps involved.  Firstly, you must fill out the questions within this preliminary application, providing HabitatWR with the information we need in order to see if your family meets the basic criteria.  If you have any questions about the application or the documentation required please contact the Family Services Manager. Together we can work through this process and together we can make your dreams come true!

 

* Dollar figures are subject to change.  Because each family is so uniquely wonderful, so is each application and situation. It can take an average of 12 to 18 months from date of application until you move into your home.