KAIROS Calgary and Calgary Homeless Foundation Partner to Help Homeless Families

Ten Christian denominations with more than 130 churches have joined forces to help families at risk of or experiencing homelessness as they are housed with support at an affordable housing complex owned by the Calgary Homeless Foundation (CHF) in southeast Calgary. The fundraising campaign in support of the project, called "A Place to Call Home: Acadia Place," will see KAIROS Calgary aim to raise $1.5 million to pay down half of the property's mortgage. By reducing the financing costs on the mortgage, the CHF can reduce break-even rents on a sustainable basis, making them more affordable for those families in most need. Volunteers from the participating churches will also help by providing support to families and pitching in on building projects.

Publication Date: 
2011
Issue: 
Mar 02, 2011
Journal Name: 
Marketwire.com