Tag #Habitat For Humanity

What is the impact of the rising cost of housing in Canada on middle-class families and housing charities?

The rising cost of housing in Canada has forced middle-class families, like the Bowyer couple in Peterborough, to seek assistance from housing charities such as Habitat for Humanity to purchase homes. Despite having a combined annual income of $70,000 and no debt, they couldn't afford a down payment on a house in their city where prices nearly doubled during the pandemic. With Habitat's help, they bought a condo in 2022.