Habitat for Humanity Greater Vancouver wrote -
Habitat for Humanity Greater Vancouver is working to break the cycle of rental poverty for hardworking local families. We mobilize volunteers and community partners to build homes at well under market cost and in turn, cap the shelter costs of our qualified Habitat Families at 30% of their income.
All family payments are held for them by Habitat and once the family is financially stable, most of their payments are returned to them as a lump sum for use as a cash downpayment in the tranditional mortgage market.
Habitat is a families' first step out of the rental cycle and into the home ownership market. Through the hand up provided by our model, families thrive, as do their children and all generations thereafter. We have thus broken the cycle of poverty and a new family starts their own journey in the Habitat home.
Join us and you will be leaving a legacy for generations to come.