HomeOwnership

Home Ownership

The next Home Ownership Information Night will be Sept. 15, 2010 at 7:00pm. The address is 1740 Broder St., please use the administration door.

Here's how to own a Habitat home...

Each Habitat for Humanity affiliate chooses homeowners based on the same three criteria:

The applicants' level of need
Their willingness to become partners in the program
Their ability to repay the non-profit, no-interest loan

Neither race nor religion is a factor in choosing the families who receive Habitat houses.

The steps to apply for a home are:

Attend a home ownership information night where you are provided all of the details of Habitat home ownership including an overview of Habitat, where Habitat is building and the sweat equity program.
Prepare your application and mail it in. There are a lot of questions to answer and a lot of documents to copy and include in your application.
Work with the Family Selection Committee (a volunteer committee) when and as they contact you.

Each application is kept in the strictest confidence. The application process is completed within three to four months from the time the application is received. Applicants can reapply yearly.

Home ownership information nights are hosted periodically. Upcoming dates will be posted at a later time. If you have any questions, please feel free to Contact Us.

Yoner Family

Meet the Yoners! What a fantastic family and congratualtions on the new addition!

Address: 1040 Robinson Street
Sponsor: Farm Credit Canada

McKay Family

Address: 1369 Rae Street

Biak_Chin We are blessed to have met Biak and his family. Originally from Burma, they came to Canada via a Cambodian refugee camp. Not an easy life, they have their own story. We are blessed to a part of that story which is ongoing, and a new chapter is now being written as they move into their new home. Saturday, March 13, they received the keys to what will be a decent, affordable, safe and new home which they own. Congratulations are in order.

Address: 1415 Athol Street
Sponsor: Canadian Institute of Plumbing and Heating

In Regina our Habitat homes are currently being built on 25 ft. lots in North Central and Heritage. They are a cozy wartime plan to fit in with the neighborhood, and have 4 bedrooms with 1 1/2 baths. Homeowners do not get to choose flooring or paint colors - houses are painted white and good quality laminate flooring is throughout. All houses come with fridge, stover, washer and dryer. Dishwashers are not included. Yards are landscaped and fencing is put up around the back yard so children can play safely.

Although our houses are built with volunteer labour, all aspects of the build are supervised by our journeymen carpenters, Gary and Chuck.

Sweat equity is one of the ways that Habitat homeowners partner with us. We ask for 500 hours of your time either building the home you’ll live in and/or working with Habitat in other ways. Your sweat equity hours are tracked and you and your co-applicant (the person you put on your application that will own the home with you) must put in these hours before the keys to the home are handed over.

Is a Habitat Home free? No. Habitat homeowners do pay an interest-free mortgage. The mortgage is set based on:

The homeowners current financial position
The final professional appraised price of the home
An annual review of the homeowners financial position.

Habitat for Humanity does not charge interest on these mortgages. Why? It’s based on one of the Biblical principles from Exodus 22:25. "If you lend money to My people, to the poor among you, you are not to act as a creditor to him; you shall not charge him interest." (New American Standard Bible - 1995).

Purchase & Support the Mountie House

PH: 1-306-522-9700
Fax: 1-306-522-9703

Address:
1740 Broder Street
Regina, Saskatchewan
S4N 3R8

Home Ownership

Meet a Habitat Family:

About the Habitat Houses

What is Sweat Equity?

Paying the Mortgage

Purchase St. Buck Beaver

Contact Us