FERGUS – Habitat for Humanity Guelph Wellington is excited to be working with Centre Wellington Community Foundation (CWCF) following their recent investment in the upcoming build project in Fergus.
Responding to Habitat’s leadership, CWCF stepped forward to provide a significant investment of $50,000 into the community bond program 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, with a 32 unit stacked townhome development planned for the site just west of Downtown Fergus on Garafraxa St. W.
“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 CWCF executive director Raymond Soucy.
Through their ongoing work, CWCF strives to strengthen the community by helping donors to achieve their giving goals, and by helping local non-profits find resources to support their important work.
“Our investment in Habitat for Humanity’s community bond is a natural extension of our Foundation’s mission and vision,” said CWCF board chair Randall Howard.
“Social impact investing can transform community development, unlocking more than double the impact of our dollars, keeping investments local and strengthening our communities with new partnerships.”
New in 2022, Habitat for Humanity Guelph Wellington has launched community bonds 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.
“We are so encouraged by the enthusiastic community investments we’ve received to date, following the launch of community bonds in September,” said Habitat’s director of community engagement and development Ryan Deska.
“Between Guelph and Fergus we are nearly half way to our goal we set for this initial offering.”
Whether it’s $2,500 or $250,000, every investment from the community directly supports the upcoming build projects, through land procurement and site plan approvals.
Interested investors can submit inquiries at www.habitatgw.ca/communitybonds or reach out to the Habitat team through invest@habitatgw.ca.
There are numerous other ways to support Habitat programs.
Contribute a cash donation, shop and donate at the ReStore, or sign up to volunteer.
Full details are available at www.habitatgw.ca.
