Giving A Hand With Habitat for Humanity
I am a firm believer in giving back to the community I serve. Thankfully, I work for a wonderful Brokerage that also believes in supporting those who need a hand. Annually, RE/MAX Hallmark selects a charity and champions a campaign for donations. This year RE/MAX Hallmark has committed to building a Habitat for Humanity home in the GTA for the Ali family. I know from experience the pride, safety and security home ownership provides, so I am very excited to be participating in this initiative.
Here are some facts about Habitat for Humanity:Homes are built with donated funds, materials, and volunteer labour.
100% of donations go to home building. Habitat’s ReStore profits pay for administration and fundraising costs
The family pays the down payment for their home in 500 hours of sweat equity.
Their interest free mortgage is amortized to ensure it is always less than 30% of the family income.
Toronto Fun Fact:Every single child living in a GTA Habitat home has gone on to receive post-secondary education. WOW!
The price of Toronto real estate is well publicized. With an average growth rate of 8% per year, home ownership in Toronto is out of reach for most low-income families. Habitat’s goal to help provide housing for those currently in unsafe or unhealthy housing gives these families a hand up and breaks the cycle of poverty.
To find out more or to donate, click here.