Habitat for Humanity Fredericton Area is a non-profit charitable organization working towards a world where everyone has a safe and decent place to live. Habitat for Humanity brings communities together to help families build strength, stability and independence through affordable homeownership.
Habitat works with families who otherwise could not afford a home of their own, and helps them realize their dream of homeownership. The Habitat model is based on a no-down payment, no-interest mortgage. This makes homeownership much more affordable and attainable for families who would not qualify for a traditional mortgage.
The Habitat for Humanity model is designed as a hand-up, rather than a handout, providing sustainable benefits for the partner families. Habitat builds houses using monetary donations and donations in the form of new materials and labor along with profits from the Habitat ReStore. Building is completed through the efforts of professional trades people, volunteers, and the future homeowner.
Habitat sells the houses to the selected family at appraised value, through our unique mortgage model with no down payment, no-interest, and payments based on income thus giving those unable to obtain a conventional mortgage the opportunity of owning their own home.