Non-Profit Housing Subsidies Canada
is a non-profit organization committed to providing support to non-profit and charitable organizations in Canada.
Non-Profit Housing Subsidies Canada seeks to build sustainability and excellence in the non-profit and charitable sectors. By reducing the cost of living for employees, volunteers and significant donors we will provide financial incentives that help social enterprise attract and retain both the best people and sustainable funding.
HEAVILY REDUCED RATE MORTGAGES FOR NON-PROFIT EMPLOYEES AND VOLUNTEERS
It can be hard to make ends meet and keep a roof over your head when working for a non-profit. Wages are lower than in the private sector, assuming you're paid a wage at all. We can't pay you more, but we can reduce your cost of living.
If you qualify, we use funds that have been pledged by major Canadian lenders like TD Bank, Scotiabank, CIBC and ING Direct to administer extremely low rate mortgages. Lower interest rates mean lower monthly payments, which will help you build up equity in your home more easily, or free up cash flow for your family.Best of all it's a tax free benefit, so it's like getting a raise but keeping every dollar of it.
And, if you already use one of the banks mentioned above, we can administer the loan through your existing branch. You don't even need to switch banks.
We're working on getting funds from more lenders too, but for now, if you're a non-profit worker, it's probably worth switching banks.
WE'LL HELP YOU IF YOU HELP OTHERS
Our mandate is to help lower the cost of living for those who work in the non-profit sector. Eligibility is limited to volunteers, employees and significant donors, all of whom have put service before their own financial interest
DOES THIS SOUND LIKE YOU?
You've volunteered at least 40 hours in the past 12 months
You can provide a letter of reference from the NPO or Charity you volunteered for
You are a full or part-time employee of a registered NPO or charitable organization
You can provide a signed job letter or recent pay stub
You donated at least $5000 or 10% of your annual income to a registered NPO or charity last year (whichever is lower)
You can show a receipt
Is this program province specific?
Our program supports any eligible person in Canada and is not province or territory specific.
For more information see: