More Affordable Housing Within Reach As Construction Kicks Off On Largest Habitat Peterborough Build To Date

More decent, affordable housing is within reach in Peterborough as Habitat for Humanity Peterborough & Kawartha Region is excited to be kicking off its largest build project to date. 

“We are aware that many people in our community are in need of decent, affordable housing and we are advocates for the solution,” says Sarah Budd, CEO for Habitat for Humanity Peterborough & Kawartha Region. “That’s why, unlike our previous build projects, the Leahy’s Lane development is not just for families but open to singles, couples, seniors, and families.”

Located at 33 Leahy’s Lane in Peterborough, the three-storey, 41-unit condo development will consist of a mix of one-, two-, and three-bedroom affordable condos. It will offer an elevator and a fully universal design which will accommodate current or future homeowners’ accessibility needs. Each condo will include appliances and in-suite heating and air conditioning control. In addition, the condos will be energy efficient—making it even more affordable for homeowners. 

Photo courtesy Habitat Peterborough

“Now more than ever, safe and affordable housing is a critical need,” adds Budd. “The local individuals and families we partner with are empowered to overcome the barriers that so often stand between them and better, healthier, more financially stable lives.”

“It was challenging for us to even see ourselves in a home we owned,” says Holly, who along with her husband Wayne applied to own a Habitat condo. “The barrier of renting and living expenses limits us from putting away money towards a down payment. Wayne and I have always dreamt of becoming homeowners, but roadblocks such as a down payment and the rise in the market, have prevented us from making this goal reality. Purchasing a new Habitat home will free us from renting the rest of our lives. It will offer stability and pride of ownership and accomplishment.”

Habitat Peterborough offers families and individuals a hand-up, not a hand-out, by providing a geared to income mortgage and requiring no down payment. They are still looking for more applicants for this innovative development. People interested in partnering with Habitat Peterborough to be a condo owner can sign up for a virtual info session by visiting the website or emailing here to learn more.

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