Building a foundation for healthier families and communities
Do you remember what it was like growing up in a warm, welcoming home that always felt safe? At the time, you likely didnít think about it, and who could blame you? Carefree Ė thatís how growing up should be. But life is not carefree for the children of the 1.6 million Canadian families who lack a decent, affordable place to live.
Caught in punishing cycles of unpredictable rent increases, overcrowded conditions, or lack of access to affordable financing, many families live with a constant burden of uncertainty, stress and fear. Thatís why Habitat Canada partners with working, low-income families to help them build strength, stability and independence through affordable homeownership. †
Habitat homeownership provides families with more than just equity Ė it instills them with a renewed sense of pride and responsibly. And while the impact is immediate, the effects are lasting. Research has shown that Habitat homeowners are happier, healthier and more financially stable, which can allow them to return to school, learn a new trade or upgrade their job skills. Meanwhile, their children are more confident and do better in school. †
But the benefits of a Habitat home reach far beyond the four walls these families help build. Through reduced reliance on social housing and food banks, better education and employment outcomes, and improved health, every Habitat home built helps create $175,000 worth of benefits for the local community.
Transforming Lives: The Social Return on Habitat's Work in Canada
The Boston Consulting Group conducted a study to provide a quantitative assessment of Habitat for Humanityís social return on investment (SROI). Their assessment of Habitatís model of affordable homeownership found that every Habitat home generates $175,000 worth of benefits to society.†
Building Familiesí Futures and Opportunities Through Habitat Homeownership
The Canada Mortgage and Housing Corporation conducted a Canada-wide survey of Habitat families. After purchasing a home through Habitat for Humanity, these families reported improved health, happiness, and overall wellbeing.†
Habitat for Humanity Affordable Housing Thought Leadership Studey
On behalf of Habitat for Humanity, PSB surveyed people across Canada and the United States to examine the perceptions, challenges and benefits of affordable housing in both countries, and a majority of Canadians made it clear: we are not paying enough attention to affordable housing needs and solutions.