BLACKFALDS – The federal government is investing $400,000 for the construction of four homes in Blackfalds to help four families realize their dreams of homeownership.
This investment by the Government of Canada was made possible through a three-year $32.4 million partnership with Habitat for Humanity Canada under the National Housing Strategy’s (NHS) National Housing Co-investment Fund (NHCF).
The National Housing Strategy’s NHCF gives priority to projects that help those in greatest need, including women and children fleeing family violence, seniors, Indigenous Peoples, people with disabilities, those dealing with mental health and addictions, veterans and young adults.
The Habitat for Humanity 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.