WINCHESTER — Habitat for Humanity Seaway Valley has announced their latest partner family for the organization’s upcoming home build in Dundas County.
The Beatty/Pinard family of Winchester — Sarah and Alex along with their three children, Owen, Avery and Jonah — will complete 500 hours of sweat equity in place of a traditional down-payment for their home.
Groundbreaking is slated for 2018, and fundraising for the build has begun.
“This is our thirteenth project, the third in Dundas, and we are thrilled to be working in an area with a wonderful history of generosity and community spirit,” said Habitat Seaway Valley Board Chair Hank Blasiak during the small gathering at Main Street Clothing on Feb. 14.
Sarah and Alex and their children are excited to begin fundraising and raising awareness in the community to help build their new home.
By building homes at low cost, requiring no down payment, and not charging interest on the mortgage, Habitat for Humanity is able to provide a “hand up” for families that would not otherwise qualify for a conventional mortgage.
The homeowners’ monthly mortgage payments go into a fund that is used to build more homes. The more homes that exist, the more cash flow there is for future home builds. This “revolving fund” fuels exponential growth in the number of houses that are built over time, according to the organization.
Nation Valley News — See our events page