Homeownership Eligibility Requirements

Homeownership, Habitat for Humanity Waterloo

Since 1988 Habitat for Humanity Waterloo Region has been partnering with families in need who had dreams of homeownership in the Waterloo region.

Own Your Own Home, Habitat for Humanity Waterloo

Dreams Of Owning Your Own Home?

Habitat for Humanity Waterloo Region may be able to help! We partner with lower-income families living in Waterloo Region and provide them with the opportunity to purchase their own decent home through our affordable homeownership program. Habitat’s path to homeownership is an in-depth process, requiring hard work, time and dedication. This process helps to ensure the long-term success of Habitat homeowners.

Are You Eligible To Become A Habitat Homeowner?

The First Step To Qualifying

We partner with families who have at least one child under 13 years of age, are Canadian citizens or Permanent Residents, and have lived in Waterloo Region for a minimum of three consecutive years. Alongside this, we also look to ensure applicants meet the requirements below.

Able To Make Affordable Mortgage Payments

Able to make affordable mortgage payments Habitat for Humanity does not give away free homes - the families who partner with us pay an affordable mortgage that is geared towards their household income. Families must demonstrate their ability to pay a mortgage back to Habitat for Humanity Waterloo Region and meet their ongoing monthly expenses.

More Information

The household must have a steady stable source of income appropriate for their family size and the predictable costs of owning a home and a budget that works.

The annual income must be within established Income Thresholds.

If you have declared bankruptcy or filed for a consumer proposal, it must be three years from the discharge date before your application will be considered.

Willing To Partner With Habitat Waterloo Region

The families who partner with us must be willing to commit to a homeownership and mortgage agreement, be a Habitat ambassador, and volunteer 500 hours. These hours can involve volunteering to build homes, work in our ReStores, help in the community, and attending workshops on homeownership and financial literacy.

In Need Of Better Housing

The families we partner with cannot obtain a traditional mortgage, and their present housing is potentially inadequate. These potential homebuyers may be dealing with poorly maintained, unhealthy or overcrowded housing, unaffordable rent, or inaccessible housing for people living with disabilities.

Stories From Our Families

"I have learned that when people volunteer with Habitat For Humanity and come together to do good things, great things happen."
Paige - Habitat Homeowner
"For some people, a house might just be another thing to check off your life list. But, for us it really is EVERYTHING!"
Jane - Habitat Homeowner
"I just wanted to dance around in the kitchen! I cook and bake a lot and I've always wanted a kitchen that can truly be the heart of our home."
Sharlene - Habitat Homeowner
"I can't believe what Habitat Waterloo Region has done for me and my daughter. I love seeing her take such pride in our home."
Penny - Habitat Homeowner
"We have been really blessed to grow up with the other families on our street, their children, and now grandchildren!"
Eleanor - Habitat Homeowner