Risk Analysis of Affordable Housing Mortgage Models
Habitat for Humanity (H4H) Halton-Mississauga (HM) provides affordable housing to families in the Halton-Mississauga region. This research project examines the viability - from a financial, organizational risk and family impact point of view - of different mortgage models. It is anticipated that the research would present practical and practicable analytics that would enable H4H-HM, and other local H4H affiliates, to advance mortgage models that foster long-term financial sustainability, represent modest/manageable risk to affiliates but which, importantly, maximize a positive impact on the families that Habitat for Humanity affiliates serve.
The research involves models describing the evolution of interest rates, housing prices, and other relevant economic variables such as unemployment. The analysis will provide insights into the risk profile of different mortgage models and their potential impact on the organization (H4H-HM). This information is crucial to sustain the H4H-HM’s mission of providing affordable housing.