Real estate developers pledge $150,000 to build new homes in Durham Region
Published July 4, 2024 at 2:24 pm
In response to the ongoing housing affordability crisis in Oshawa, and by extension, the Durham Region, real estate developers at Geranium have announced a commitment to partner with the GTA branch of Habitat for Humanity.
This pledge comes in the form of a $150,000 cash injection that will be drip-fed over the announced three-year period.
According to an official press release, Geranium’s end goal is to complete the construction of 26 homes within the Region of Durham to showcase the possibilities of potential home ownership within the area.
“Thanks to this tremendous partnership and collaboration, Geranium is helping to change lives for dozens of families who are facing a housing affordability crisis in Oshawa and the wider Durham Region by making homes possible,” said the GTA Habitat for Humanity CEO Ene Underwood in an official statement.
According to Geranium, representatives within the company will actively assist in the construction of these properties each year as the project moves along, with this year’s construction having taken place this past June at the Oshawa development site.
“At Geranium, we believe that building homes is not just about constructing houses, but about nurturing the communities within them. We’re passionate about home building and compassionate towards those in our community who need a helping hand,” said Cheryl Shindruk, Executive Vice-President at Geranium in an official statement.
According to the release by Geranium, families within the Durham Region have already begun moving into the already-completed homes that have been constructed in their partnership with Habitat for Humanity.
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