As we look back on 30 years of building strength, stability and self-reliance through affordable homeownership it is empowering to know we’ve helped to change the lives of so many families.
With the completion of our Kemptville Korners build next spring we will have officially served our 100th family. This is a tremendous milestone and yet we realize that we cannot wait another 30 years to help 100 more families.
Housing and homeownership have drastically changed in the last 30 years. Habitat, even as an affordable housing provider, is not immune to the rising housing prices we have seen this past year. The average fair market value of a Habitat home has increased more than 29% since 2018, and nearly half of Ottawa families are paying over 30% of their income towards housing-related bills.
Our organization is looking to continue scaling up the number of homes we build and to offer more affordable housing options to families. We are diversifying the types of homes we build, moving away from single family homes and into townhomes. With our last build we began to build two, three and four bedroom stacked townhomes to accommodate a wider range of families. We are also exploring opportunities to build within the City but also in communities outside of Ottawa as we adapt to shifting housing and lifestyle needs.
While we are proud of the lives changed and communities built these last three decades, we recognize there is so much left to do. The need for more affordable housing has never been greater, and owning a home is still one of the best ways to create financial well-being for families. We need to focus on creating opportunities to make homeownership more affordable and more equitable for future generations.
We also recognize that we are still here, 30 years strong, because of our donors, volunteers and supporters who are committed to our shared vision of a world where everyone has a safe and decent place to live. We invite you to help us to continue to grow the number of safe and affordable homes in communities across the Greater Ottawa Area for the next 30 years and beyond!