Habitat for Humanity announces affordable housing project in Langford
The non-profit has purchased land in Langford's Westhills neighbourhood to build a 26-unit townhome development, with families paying no more than 30% of their gross household income on mortgages.
Habitat for Humanity has purchased land on Irwin, in Langford's Westhills neighbourhood, to build a 26-unit townhome development. The organization says it hopes to break ground and start accepting homeowner applications in the summer.
Mortgages are structured so that families pay no more than 30% of their gross household incomes. Under a shared equity agreement, if a family later decides to move, they cannot flip the home — Habitat for Humanity retains the first right to buy it back.
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