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How We Work
How are the homes funded? Habitat for Humanity Sudbury District builds homes with volunteer labour and as much donated or cost-reduced material as possible. Fund raising takes place to help offset expenses of materials, services and land when they are not available through donations. Financial support is received from individuals, corporations, service groups and the faith community. Mortgage payments from current homeowners are retained by the affiliate, which holds the mortgages to fund future projects. How is this a hand up, not a hand out? Habitat houses are sold to families, not given to them free of charge. In addition, families help to build their own home. By building homes at low cost, requiring very little or no down payment, and not charging interest on the mortgage, Habitat for Humanity is able to provide an opportunity or a "hand up" to buy a home for families that would not otherwise qualify for a conventional mortgage. |
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Partners: Genworth Financial Canada | The Greater City of Sudbury | CTV |
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