Habitat for Humanity Montreal gives two low-income families the key to their new home

    MONTREAL, Nov. 20 /CNW Telbec/ - Today, Habitat for Humanity Montreal
gave the key to their new home to the Gagné-Beaulieu and Lahaie-Spencer
families, two low-income families from the Mercier-Hochelaga-Maisonneuve
borough in East Montreal.
    "This project could not have been completed without the generosity of our
founding sponsors," emphasized Stephen Rotman, president of Habitat for
Humanity Montreal. Genworth Financial Canada, a leading mortgage insurance
provider, home improvement retailer The Home Depot Canada, and MCAP, Canada's
largest independent mortgage and equipment financing company will collectively
give 360,000 dollars to Habitat for Humanity Montreal over the next three
years for housing projects such as the one we completed this year. "Thanks to
their generous donation," added Rotman, "Habitat for Humanity was able to buy
this plot, as well as the one next to it. These three companies are also
sponsoring the first of the two houses we have built this year."
    The happy homeowners are Isabelle Lahaie and Kieran Spencer, who will
occupy the first floor of the house with their four children: Mathieu, 13,
Karolane, 12, Marianick, 10, and 6 year-old Carrie-Anne. Proud homeowners
Benoit Gagné and his wife Nadine Beaulieu will occupy the ground floor and
basement. with their four children: Alexandre, 14, Sabrina, 13, Mylène, 12,
and Frédéric, 7.
    The first criteria for selecting a Habitat family is the place of
residence, since experience has shown it's preferable not to move them outside
their neighbourhood. Habitat tries to keep families on their home territory.
Then, present living conditions are considered as the selected family must be
in need of a home at the time of applying. The family must also be able to pay
off an interest-free mortgage, and must be ready to work with Habitat for
Humanity by putting in 500 hours in "sweat equity" on the construction of
their own home or on that of another family.
    Habitat houses are built in partnership with recipient families, with the
help of donations from companies and individuals, and thanks to the work of
many volunteers. Houses are sold to the families at no profit, with no down
payment or interest on the mortgage, which is calculated according to the
families' capacity to reimburse. Mortgage payments are deposited in a
revolving fund, to provide for the future construction of additional homes.
The Habitat for Humanity program promotes homeownership as a means of breaking
the cycle of poverty.

    About Habitat for Humanity

    Habitat for Humanity Montreal (www.habitatmontreal.qc.ca) was founded in
1998 and is an affiliate of Habitat for Humanity Canada. The organization was
founded in 1985, consists of 30,000 volunteers and 70 affiliate organizations
from coast to coast, and is a member of Habitat for Humanity International
which spans 100 countries, has built over 200,000 homes, and is now building a
new home every 24 minutes.

For further information:

For further information: Marie-Claude Leroux, Morin Public Relations,
(514) 289-8688, ext. 224, Cell.: (514) 705-5897, marieclaude@morinrp.com;
Source: Habitat for Humanity Montreal

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