A local family in Kincardine will soon have a new shot at affordable homeownership as Habitat for Humanity Grey Bruce prepares to break ground on a residential project.
The non-profit organization has announced plans to construct a 1,200-square-foot single-dwelling residence on Olde Victoria Street. Once completed, the property will be sold to an eligible family through Habitat’s affordable homeownership initiative.
To be considered for the home, applicants must demonstrate a clear housing need, show the financial capacity to manage a Habitat mortgage alongside regular household expenses, and commit to partnering with the organization throughout the process.
"Habitat for Humanity Grey Bruce is thrilled to be able to help a family realize their dream of owning a home they can afford in Kincardine," said Executive Director Greg Fryer. "Through our innovative program, we make homeownership both attainable and affordable."
Under the Habitat model, selected families contribute "sweat equity" by working alongside volunteers to construct their future residence. Upon completion, they purchase the property through a zero-down-payment, interest-free mortgage with monthly payments capped at 25 per cent of their household income.
Residents interested in applying for the home, or lending a hand on the build site, can learn more at two upcoming public events. An online Zoom information session is scheduled for Wednesday, November 18, at 7 p.m., which requires advance registration. For those who prefer to speak with staff face-to-face, an in-person drop-in session will run at the Davidson Centre at 601 Durham Street on Monday, November 23, from 3 p.m. to 7 p.m.
Prospective homebuyers must submit their expressions of interest by the November 30 deadline.