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Wayne P. introduced our speaker, Philip Mills, CEO of Habitat for Humanity. (H4H) H4H vision: a safe and decent place to live. But also a place that the family can own, develop some equity which has a generational impact. H4H holds the mortgage so it is a partnership. In Waterloo Region , av rent is $2300/mo, av selling price of a house is $762,000. This is not affordable for a family with an average income of $92,000. The Shantz Hill H4H project is about to go ahead. There will b e 24 stacked townhouses. The focus is on families. H4H provides a more affordable mortgage at 25% of the families income H4H is involved with other nonprofits in ' Build Now Waterloo Region" The motto is ' Have land, will Build" Cheap land is needed. The idea is to build 10,000 homes that will sell for half the regular market price. Philip was thanked by Ryan. Paul M's joke was about shop lifing cans of vegetables and fruit. ' I eat my peas with honey, I've done it all my life, they taste kinda funny, but it keeps them on my knife.' Rena ended the meeting with what to do around Cambridge this weekend. I missed most of it but there is a Business Networking event at Homewood Suites on Monday night. And on Sunday, drive your Chevy to the Levi. |