How It Works? (Resident Owner)
Better Futures Housing Trust targets individuals and families:
- with a steady income that is not sufficient to buy in the current market, and
- willing to live separately but in the same building as others.
A group of people seeking to work communally (eg. to access land for farmers committed to sustainable agriculture.)
Our model means that you purchase equity into the entity and keep your financial and other obligations current during your residency. Your equity purchase will be much less than buying a home. As long as you maintain your obligations, you cannot be evicted from your home and your monthly payments will only increase as much as mutually agreed on by fellow owners. Depending on the rules of your building, you may be asked to participate in other ways as will the other resident owners.
How to Get Started
1. Complete Our Survey
The survey allows us both to learn a little more about each other, so that you can make an informed decision about your participation.
2. Join the waitlist for your selected or region(s)
We will add you to waitlist and mailing list so that you can stay informed about upcoming housing opportunities.
3. Spread the Word.
Our ability to provide housing relies on us finding property owners willing to participate. We have a great offer to make to them, and they will not loose anything, but we first need to find these wonderful people. That’s where you can help!
Talk to your family, current landlord, and whoever you think can help in your search for stable housing.