EMPLOYEES

You are a full or part-time employee of a registered NPO or charitable organization

You can provide a signed job letter or recent pay stub

VOLUNTEERS

You’ve volunteered at least 40 hours in the past 12 months

You can provide a letter of reference from the NPO or Charity you volunteered for

Non-Profit Housing Subsidies Canada (NPHSC) offers mortgages to at subsidized rates to employees and volunteers of charities and non-profit organizations in Canada. 

Non-Profit Housing Subsidies Canada (NPHSC) gets rate subsidies from banks to reduce the cost of living for charity workers.  Charity compensation in 2011 and 2012 was 10% lower than in the for profit sector

WE’LL HELP YOU IF YOU HELP OTHERS


Our mandate is to help lower the cost of living for those who work in the non-profit sector.  Eligibility is limited to volunteers, employees and significant donors, all of whom have put service before their own financial interest

Eligibility

NON-PROFIT VS. FOR PROFIT COMPENSATION

Studies show that charitable sector compensation for paid jobs (accountants, directors, and support employees) is about 10% less on average than in the for-profit sector.


Our goal is to reduce the cost of living by an equal amount for the people who choose to help others at their own financial sacrifice.  Our rate subsidies average a 5-25% reduction in housing payments depending on the situation.


We believe this will help NPOs and charities attract and retain the best people, effectively eliminating the income gap, and in some cases reversing it.


Similarly, if you give a significant amount of your income (see left) to supporting these organizations we’ll help you get back what the tax incentive doesn't fully cover.  Ideally, this will provide an even greater benefit to the donors that drive positive change in Canada.

SIGNIFICANT DONORS

You donated at least $5000 or 10% of your annual income to a registered NPO or charity last year (whichever is lower)

You can show a receipt

DOES THIS SOUND LIKE YOU?

POLITICAL ORGANIZATIONS

NPHSC is apolitical and does not support or endorse any political party or agenda.  Members of political parties, lobby groups or other organizations that exist strictly to influence or participate in politics do not fall under our mandate, and are not eligible

WHO ISN’T ELIGIBLE?

FOR-PROFIT BUSINESS EMPLOYEES

Unfortunately we are not a public service and do not do not have the means to stray from our mandate.  You can become eligible by making a donation to the charity of your choice, by volunteering or by having someone on title that fits the criteria.  See above for more information