University of Waterloo 1st Annual
Habitat for Humanity
On August 2nd, 2014, a group of University of Waterloo Faculty, Staff and Alumni will be heading to Whitehorse, Yukon to build a house. Follow along with us in our adventures ....
Habitat for Humanity is a not-for-profit organization working toward a world where everyone has a safe and decent place to live. Habitat houses are sold to partner families at no profit, and financed with affordable, no-interest mortgages. The three criteria to qualify for a Habitat home are: (1) need for affordable housing, (2) ability to repay a Habitat mortgage, and (3) willingness to partner with Habitat. In addition to mortgage payments, each homeowner invests hundreds of hours of their own labour, known as “sweat equity”, into the building of their house.