DocumentsPresentationApr 7, 2026Pages 54–71
Habitat for Humanity Presentation (slides)
Presentation slides from Habitat for Humanity Victoria requesting funding from Langford's Affordable Housing Reserve Fund to support a proposed development of 16 affordable homeownership units at 2941 Irwin Road.
Key facts
- Funding request: up to $284,724 (example) for 16 units (75% of 5% down payment per unit)
- Project location (Phase 1): 2941 Irwin Road, Langford
- Unit mix: 2-4 bedrooms, Phase 1 = 16 units (potential Phase 2 = 10 units)
- Affordable housing program caps housing costs at 30% of gross household income
Habitat for Humanity Victoria
Bringing people together to build homes, communities and hope.
Funding Request
- Request funding through City of Langford’s Affordable Housing Reserve Fund for a Habitat for Humanity Victoria build in Langford.
- Project proposes to deliver 16 affordable homes in the initial phase, ranging in size from 2 to 4 bedrooms.
- Potential for 10 units to follow in the next phase.
Who We Are
Habitat for Humanity Victoria is an independent local registered charity that works with other Canadian Habitat affiliates to bring a unique voice to affordable homeownership.
Program Overview
Our program assists local families with low to moderate income, as BC Housing defines it, to purchase their first (Habitat) home.
We offer an equity-based solution to create stability and positive intergenerational change in place of dependency on social subsidies.
Program Overview (key points)
- Builder, Developer and LENDER.
- Housing costs capped at no more than 30% of the homeowner's gross income = AFFORDABLE homeownership.
Financing Model
Habitat Victoria — the alternative “bank of mom & dad”
- NO DOWNPAYMENT REQUIRED, only if family has assets to contribute.
- Vancity 1st mortgage is at market rates; families apply independently and qualify for maximum amount.
- Habitat 2nd mortgage payment is established by gearing total payments to household income.
Housing costs will not exceed 30% of the family’s gross household income annually.
Homeowner Qualification
Prospective homeowners must demonstrate that they are:
Habitat homeowners must be active participants in building a better home and future for themselves and their families.
Every Habitat home is an investment that answers a critical need.
Safer, more stable homes in turn create stronger communities.
Other Participant Requirements
- Proof of being either Canadian citizens or Permanent Residents of Canada.
- Have lived in the Capital Regional District for at least two years.
- For >2 bedrooms, have primary care and guardianship of a child (aged 12 or younger) or a child with a disability who could not live alone (aged 16 or younger).
- Do not currently own a home, vacation property or land anywhere in the world.
- Assets less than $100,000.
Like an Affordable Rental, But Better
After moving into their Habitat home, families see improvements in:
Health
- 73% of families say their physical health is better
- 79% of families say their mental health is better
Education
- 41% of adults start or complete additional education
- 50% of families’ children are doing better in school
Community Involvement
- 50% of families take part in more community events
- 50% of families volunteer more
Employment
- 44% of adults improve their employment
Financial Security
- 51% of families say their financial security is better
To read the complete study go to habitat.ca/impact.
Why Affordable Homeownership Matters
SOCIOECONOMIC BENEFITS: The average Habitat homeowner’s earnings end up almost 30% higher than if they continued renting. Through increased productivity, Habitat’s program injects $35 million into Canada’s economy every year.
CONSTRUCTION BENEFITS: In a 5-year period from 2019-2023, the total economic footprint of Habitat’s work to build and rehabilitate homes was $311 million, and generated nearly $40 million in tax revenues.
Project in Langford
Phase 1
2941 Irwin Road
Amplifying Power
Langford Attainable Homeownership Program vs. Habitat Homeownership Program
Increases range of qualifying Household Incomes to serve those in greater need
Maintains housing costs at 30% of Household Income to accommodate life changes
Unit mix better addresses current need for serving larger families
Preserves municipal staff time
Extends affordability timeframe
Serves multiple families with same home, yet permits modest equity gains through capped appreciation
Our Ask
Request funding from the City of Langford’s Affordable Housing Fund equivalent to the maximum down payment assistance provided through Langford’s Attainable Home Ownership Program.
Habitat asks the Community Advisory Committee to recommend Council approve the per door funding for up to 16 units.
Amounts by Unit Size
Amounts would be as follows based on unit size:
| Unit Type | Purchase Price | 5% down payment per unit | 75% of 5% down payment |
|---|---|---|---|
| 1 bedroom | $399,000 | $19,950 | $16,875.00 |
| 1 bedroom (+den) | $425,000 | $21,250 | $15,937.50 |
| 2 bedroom | $450,000 | $22,500 | $16,875.00 |
| 2 bedroom (+den) | $475,000 | $23,750 | $17,812.50 |
| 3 & 4 bedroom | $499,000 | $24,950 | $18,712.50 |
Together, we build possibilities.
Questions?
Thank you!
Contact
www.habitatvictoria.com
info@habitatvictoria.com
250-480-7688
@habitatvictoria (Twitter)
@habitatvictoria (Facebook)
Funding Request — Example calculation
| Unit Type | Purchase Price | 5% down payment per unit | 75% of 5% down payment | # of Units | Total Grant Amount |
|---|---|---|---|---|---|
| 2 bedroom | $450,000 | $22,500 | $16,875 | 8 | $135,000 |
| 3 and 4 bedroom | $499,000 | $24,950 | $18,712 | 8 | $149,724 |
| Total Request | $284,724 |