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Habitat for Humanity GTA, Tribute Communities, Safe Capital Bring 27 Affordable Homes to Pickering, Canadian Business Journal

TORONTO, Nov. 30, 2022 (GLOBE NEWSWIRE) — Tribute Communities (Tribute) and Secure Capital (Secure) have partnered with Habitat for Humanity GTA (Habitat GTA) to bring 27 new affordable properties to the City of Pickering. I am building a house. Two- and three-bedroom condos are now available only to eligible families and are made possible thanks to the generosity of Tribute and Secure, who provide homes for Habitat GTA at a fraction of the cost. Working families who purchase these affordable Habitat homes enjoy the same benefits as Habitat homes built by volunteers.

“At Habitat GTA, we have worked hard to create a process that allows more developers to partner with us so that we can offer as many affordable homeownership spaces in the GTA as possible. With many families unable to afford homes, we are excited to work with community-minded developers who are actively building inclusive communities.”

Tribute Communities CEO Steven Libfeld said: “We have had great success working with Habitat GTA in the past to create high quality, affordable homes for families, so it makes perfect sense to approach them so they can team up again. It’s working.”

“This is a dream come true. I remember Habitat delivering a total of 29 homes in 2010 when I was on the board. It’s great to be able to offer a home,” said Secure Principal David Ogden.

“On behalf of the City of Pickering, City Council members and residents, Habitat for helping many deserving families to own homes through their plans to build 27 new affordable homes here in Pickering. A big thank you to the Humanity GTA,” said Pickering Mayor Kevin Ashe. “As we face a housing crisis, Habitat for Humanity GTA plays a very important role in providing financial stability and self-reliance to low-income families. Proudly backed.”

“We would like to thank Habitat for Humanity GTA, Tribute Communities and Secure Capital for providing 27 new affordable homes in the area. It is an important step towards improving affordability and access to housing in the Durham area, where many are facing challenges and setbacks due to the pandemic. It remains a top priority for us and it is heartening to see our community partners working together to build more inclusive communities for all residents.”

Tribute aims to provide affordable Habitat housing as part of the VuPoint community on Liverpool Rd. Construction of Pickering & Bayly St. in 2026. This builder has a proud history of building generous, stronger and more inclusive communities. .

“More and more developers are looking to play a key role in building more sustainable and inclusive communities, and Tribute Communities is a great example of that,” said Bennard. “Establishing a relationship with a developer usually allows us to repeat business together.”

This affordable homeownership initiative is made possible by the cooperation of Habitat GTA, Tribute, City of Pickering and the Durham area. Habitat GTA is grateful to our dedicated partners who are working to build a more vibrant, diverse, sustainable and inclusive community.

Families can sign up to be notified when these homes become available and learn about other Habitat homeownership opportunities at habitatgta.ca/builds.

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About Habitat for Humanity GTA

Habitat for Humanity GTA is a community organization with a global vision of a world where everyone has a safe and decent place to live. Mobilize communities to help working families build strength, stability and self-reliance through affordable home ownership. With the help of volunteers, donors and community partners, we provide a solid foundation for better and healthier lives for GTA families. Since 1988, Habitat GTA has built 23 new communities and helped hundreds of families to have a safe, decent and affordable place for parents and children to call home. For more information, visit habbitagegta.ca.

About Tribute Community

Tribute Communities are award-winning builders with over 35 years of experience, having built over 35,000 homes and condos across the GTA. Tribute consistently creates unique high- and low-rise communities that consistently exceed industry standards in excellence and design. The company has received many industry-leading awards and is highly regarded.

About Secure Capital

Secure Capital is a disciplined real estate investment manager and advisor founded in 2001 and based in Toronto, Ontario. Our cycle-tested management team has extensive experience across a broad range of North American asset classes. Principal has traded and managed over $10 billion in industrial, retail, office and residential properties.


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Habitat for Humanity GTA, Tribute Communities, Safe Capital Bring 27 Affordable Homes to Pickering, Canadian Business Journal

Source link Habitat for Humanity GTA, Tribute Communities, Safe Capital Bring 27 Affordable Homes to Pickering, Canadian Business Journal

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