Habitat for Humanity Regina exists because of the need for affordable housing in our community. We work to mobilize donors, volunteers, organizations and the community to support homeownership opportunities for low income families. The Habitat homeownership program provides families in Regina the opportunity to purchase a home at fair-market value with an interest free, zero downpayment mortgage that is set at 25% of their gross annual income.
Habitat Regina is currently building a 62 unit townhome development called Haultain Crossing, located in Regina's Eastview community. This development is estimated to cost over $12 million to complete, including site preparation and servicing, home construction, 3 laneways, and 2 community parks.
Habitat Regina receives funding through:
In every Habitat home, you find the work and dedication of many people, all working with a common goal: helping another family build strength, stability and self-reliance through affordable homeownership.
When the Habitat home is complete, it is sold to an approved partner family at fair market value. That family then holds an interest free, zero downpayment mortgage that is set at 25% of their gross annual household income.
As the family pays the mortgage, those payments are reinvested into the Fund for Humanity to help support the construction of future Habitat homes.
Life changes drastically for Habitat families once they move into their home. Some common outcomes are: