GTA REALTORS® Build on the Dream of Home Ownership
Posted by: Toronto Real Estate Admin / Category: Toronto Realtor
GTA REALTORS® BUILD ON THE
DREAM OF HOME OWERSHIP
TORONTO,
March 30, 2012 — Greater
Toronto REALTORS® will be joined by Ward
35 City of Toronto Councillor Michelle Berardinetti March 30th as they work
to make the dream of home ownership a reality for another local family.
Located in the Danforth Avenue and Victoria Park area, the home that Greater
Toronto REALTORS® will have a hand in constructing, marks the fifth title
sponsorship of eight Habitat for Humanity builds to which the Toronto Real
Estate Board has contributed in recent years.
“We’re very excited to be playing a key role in improving the quality
of life for another local family, not just through sponsorship but by volunteering
to take part in their home’s construction, and the fact that Councillor
Berardinetti is joining us will make this build all the more memorable.” said
TREB President Richard Silver.
The Habitat for Humanity community Greater Toronto REALTORS® are helping
to build includes eight homes, two of which have been completed as fully accessible
bungalow style homes, specifically designated to families with members who
have physically disabilities. The six that remain under construction are semi-detached
units scheduled to reach completion this summer.
At that time they will become homes for low-income families currently
living in substandard housing. For their part, the families will be required
to contribute 500 volunteer hours to Habitat for Humanity Toronto and repay
a zero-down payment, interest free mortgage over an average of 25 years.
In recent years TREB also sponsored Habitat for Humanity homes in the Kingston
Road and Morningside Avenue area, Scarborough’s McLevin Woods and Etobicoke’s
Lakeshore Village. Habitat for Humanity Toronto has constructed more than 225
simple, decent and affordable homes with partner families throughout the city
and has set a goal to build 50 new homes each year by 2015.
“A study recently undertaken by the City of Toronto shows that families
who receive financing to support the purchase of affordable housing noted positive
changes with respect to personal privacy, physical health, personal safety
and even their children’s school performance,” said Silver. “Supporting
affordable housing initiatives like this one help build a better Toronto, which
benefits us all.”
Each year, Toronto Real Estate Board Members contribute to the overall quality
of life in the Greater Toronto Area by supporting shelter-related charities
through the REALTORS® Care Foundation. Last year it offered grants totaling
more than $178,000 to 35 different organizations throughout the GTA.
Councillor Berardinetti, who is also a member of the City’s Affordable
Housing Committee, is scheduled to join Greater Toronto REALTORS® at the
Habitat for Humanity build between 1pm and 4pm, March 30, 2012.
For information about Buyer Representation Agreements
(BRA) visit www.BRAFirst.ca
For Media/Public Inquiries: Mary Gallagher, Senior
Manager Media Relations.
Toronto
Real Estate Board 1400 Don Mills Road Toronto, ON M3B 3N1, Office: (416)
443-8158, Email:maryg@trebnet.com
Greater Toronto REALTORS are passionate about their work.
They adhere to a strict Code of Ethics and share a state-of-the-art Multiple
Listing Service. Serving over 34,000 Members in the Greater Toronto Area,
the Toronto Real Estate Board is Canadas largest real estate board. Greater
Toronto Area open house listings are available on www.TorontoRealEstateBoard.com
Article source: http://www.torontorealestateboard.com/market_news/release_market_updates/news2012/nr_build_dream_home.htm
Tags: Toronto Realtor