Jubilee Fund investors helped create affordable housing for immigrant families.
Heart Housing Inc. was formed by a small group of people who were “test driving” a collaborative, non-profit, affordable housing project in Winnipeg. The focus of Heart Housing Inc. is to improve living conditions for immigrant families in Winnipeg by purchasing a home and, through education and practical hands-on experience, gradually transfer affordable home ownership to the residents.
In 2005 they purchased a duplex on College Avenue and completely renovated it with volunteer help. Together with donations received from the community and a benefactor who made an $8,500 donation; a loan guarantee made possible by Jubilee Fund investors for the mortgage provided the final piece of the financing they needed.
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