TORONTO, ONTARIO--(Marketwire - April 4, 2012) - Greater Toronto REALTORS® along with elected representatives from the federal government and the City of Toronto will join forces April 5, 2012 to make the dream of home ownership a reality for another local family.
The home marks the fifth title sponsorship of eight Habitat for Humanity Toronto builds to which the Toronto Real Estate Board has contributed in recent years.
"Members of the Toronto Real Estate Board are strong proponents of affordable home ownership, and those who have made the transition from renting to home ownership agree that doing so allows them to build equity, achieve greater financial stability and enjoy higher quality housing," said TREB President Richard Silver. "Additional aspects that include better physical health, improved children's school performance and intentions to invest in renovations also have a beneficial spin-off effect on society as a whole."
Habitat for Humanity Toronto's latest development includes eight homes, two of which have been completed as fully accessible bungalow style homes, specifically designated to families with members who have physically disabilities. The six that remain under construction are semi-detached units scheduled to reach completion this summer.
"Habitat for Humanity Toronto is proud to have the Toronto Real Estate Board as a partner", says Neil Hetherington, CEO of Habitat for Humanity Toronto. "Their dedication to affordable homeownership demonstrates their commitment to improving the community they live and work in. That kind of cooperation and volunteerism is what drives this city forward."
Member of Parliament Dan Harris and Councillor Ana Bailao, Chair of the City's Affordable Housing Committee, will be on hand to support the efforts of Greater Toronto REALTORS® at Habitat for Humanity's latest construction site, located in the Danforth Avenue and Victoria Park area.
"Once again Habitat for Humanity Toronto, in partnership with the Toronto Real Estate Board, renews its commitment of delivering affordable, accessible and high-quality homes to Toronto residents. As Chair of the Affordable Housing Committee, I am pleased to express my sincere thanks to Toronto Fire, EMS and Police, as well as members of the community, for their assistance in this project. This is not only about securing more affordable housing for Toronto residents, but about building a more caring, compassionate and community-based City" said Councillor Bailão.
In recent years TREB also sponsored Habitat for Humanity homes in the Kingston Road and Morningside Avenue area, Scarborough's McLevin Woods and Etobicoke's Lakeshore Village. Habitat for Humanity Toronto has constructed more than 225 simple, decent and affordable homes with partner families throughout the city and has set a goal to build 50 new homes each year by 2015.
"The combine efforts of Habitat for Humanity Toronto, the Toronto Real Estate Board, and elected officials really demonstrate that powerful strides can be made with respect to affordable housing when we all work together," said Silver.
Each year, TREB Members contribute to the overall quality of life in the Greater Toronto Area by supporting shelter-related charities through the REALTORS® Care Foundation. Last year it offered grants totaling more than $178,000 to 35 different organizations throughout the GTA.
Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service. Over 34,000 TREB Members serve consumers in the Greater Toronto Area. The Toronto Real Estate Board is Canada's largest real estate board.
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Contact Information:
Toronto Real Estate Board
Mary Gallagher
Senior Manager Public Affairs
(416) 443-8158
maryg@trebnet.com