Families who partner with Habitat pay an affordable mortgage set at thirty percent of their
annual income. As Habitat homeowners pay off their mortgages, the funds are reinvested into a
revolving fund, which is then used to build more homes for more families in the community.
Habitat’s model of affordable homeownership bridges a gap for low-income working families by
providing them with the opportunity to purchase a home and build a better future for their family.

Family Qualifications

Be living in need (one or more must apply)

    • The percentage of income you currently spend on housing is too high (over 30% of gross income.)

    • Your family has medical disabilities and general health conditions that are made worse by current housing.

    • Your house is overcrowded by the number of people living in the space.

    • Your home requires major repairs.

    • Your home and neighborhood isn’t safe.

Be able to pay a mortgage.

    • Your net assets are less than $100,000.

    • Your annual gross household income must fall within the income range of $55,000-$87,800.

    • You must have a credit rating of 660+ and a balance between debt and income.

    • You must be servicing any current debt.

    • Any bankruptcy must be discharged for at least 2 years.

    • You have a steady income that is enough to cover the cost of mortgage payments, taxes, utilities, insurance and maintenance expenses of the home.

    • Be a willing partner.

    • You must complete 500 volunteer hours within 2 years.

    • You are willing to live in a community with families from a variety of ethnic, religious, and cultural backgrounds.

Other requirements

    • You are either a Canadian citizen or Permanent Resident and are currently living in the Comox Valley.

    • You have primary care or permanent guardianship of a child.

Apply Today:

Read our full list of qualifications and fill out the short eligibility questionnaire at habitatnorthisland.com/apply or contact Family Services at habitatnorthisland.com/apply.

1375 Piercy Avenue, Courtenay
12-unit affordable housing project

This project will consist of three four-unit townhomes,
providing safe and affordable homeownership for 12 local families.

It includes two barrier-free homes for families with
accessibility needs.

Learn more at www.habitatnorthisland.com

You can watch a tour of the unit here:(1405) Accessible Unit Homeownership Opportunity – YouTube

Comox Record article: Habitat for Humanity seeking a Comox Valley family with accessibility needs for home ownership – Comox Valley Record