The Centre Wellington Community Foundation (CWCF) has stepped up with a $50,000 investment in Habitat For Humanities' planned 32-unit stacked townhouse project in Fergus.
"Following the launch of Habitat for Humanity GW’s Community Bond program, CWCF stepped forward to provide a significant investment of $50,000 to
help accelerate the build project. This investment in Habitat for Humanity GW aims to unlock new opportunities for affordable home ownership in Centre Wellington," said a news release from Habitat For Humanities.
The project is a 32-unit stacked townhome development planned for a site just west of Downtown Fergus on Garafraxa Street West.
“Community leadership and partnership building is a big part of who we are. This social impact investment is a new way for us to increase our impact in our community,” said Raymond Soucy, CWCF executive director in a news release.
New in 2022, Habitat for Humanity GW has launched a Community Bonds offering for their upcoming build projects in Guelph and Fergus. Community Bonds are an interest-earning investment opportunity for socially conscious investors; they provide organizations like Habitat with seed funding to get projects
off the ground, and they provide organizations and investors with an opportunity to partner towards meaningful social impacts close to home.
Interested investors can submit inquiries at www.habitatgw.ca/communitybonds or reach out to the Habitat team through email at [email protected].
