Habitat for Humanity Halton-Mississauga prides itself on making homeownership accessible and affordable for all.
GAP housing aims to make homeownership accessible to families and individuals making a moderate income that doesn’t support owning a home in today’s market. They don’t qualify for subsidized housing, but they’re still in need of a hand-up to purchase a house.
GAP housing comes from the city of Mississauga’s housing strategy: Making Room for the Middle. Habitat HM is introducing this option as a way to facilitate the city’s vision where middle-income households are able to move into homes that meet both their budget and lifestyle needs.
We acknowledge that there are several barriers that make it challenging for buyers to enter the housing market and that we have traditionally focused on helping those within the low-income market (making less than $60,000 in household income annually).
As Habitat HM continues to expand, we’re always looking for ways that we can help more people. GAP housing is our solution to overcoming the aforementioned obstacles of homeownership and our way of expanding the scope of our support to the moderate-income market.