HABITAT FOR HUMANITY GREATER VANCOUVER AND GOVERNMENT OF CANADA
MAKING AFFORDABLE HOUSING MORE ACCESSIBLE FOR BLACK FAMILIES
Vancouver, BC – Dec 30, 2020 – Habitat for Humanity Greater Vancouver announced today that homeownership will become more accessible to Black families thanks to a new investment by the Government of Canada. Through the Canada Mortgage and Housing Corporation (CMHC), the Government is investing $20 million in Habitat (Greater Vancouver and other local Habitat organizations across Canada to create 200 home ownership opportunities for Black families living in Canada. The investment is contingent on Habitat for Humanity matching it with an additional $20 million.
"Every Canadian deserves a safe and affordable place to call home. The COVID-19 pandemic has highlighted and exacerbated existing systemic barriers faced by Black Canadians with housing need. This funding is another major step we are taking in partnership with Habitat for Humanity towards making home ownership more equitable for everyone, especially Black families across the country. As we make our way through this second wave, we will make sure that no Canadian is left behind." The Honourable Ahmed Hussen, Minister of Families, Children and Social Development.
The new funding commitment reflects a recognition that systemic racism and discrimination are a reality for Black Canadians, and that Black families are underrepresented when it comes to homeownership and the stability, equity and transformation it brings.
For over 35 years, Habitat for Humanity has worked with Black families and others living with low income who want to transform their lives and futures through homeownership. “Habitat Greater Vancouver greatly appreciates this funding, which will help to address systemic racism and ensure that more Black families get access to affordable housing,” says Dennis Coutts, CEO Habitat For Humanity Greater Vancouver.
Details about this new housing initiative are being finalized and will be announced once completed.
