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Tackling Canada’s Homeownership Crisis Requity Homes Launches '100 Families, 100 Homes’ in 2025
Requity Homes' $26M '100 Families, 100 Homes' initiative helps Canadian families achieve homeownership through rent-to-own solutions in 2025.
Jul 7th, 2025
4
 min read
Tackling Canada’s Homeownership Crisis Requity Homes Launches '100 Families, 100 Homes’ in 2025
Table of Contents
Table of Contents
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TORONTO, ONTARIO, JULY 7, 2025 --Requity Homes, a leader in rent-to-own solutions, proudly announces its groundbreaking "100 Families, 100 Homes" initiative, backed by $26 million in funding. This innovative program is designed to help 100 Canadian families achieve homeownership in 29 cities across Ontario, Alberta, Saskatchewan, and Manitoba by the end of 2025, addressing the pressing homeownership crisis, especially for underserved groups like newcomers and self-employed individuals.

Since its launch in 2020, Requity Homes has transformed the homeownership journey for thousands, with over 80% of clients successfully purchasing homes within 18 months. In 2024, the platform served over 3,000 applicants, forging vital partnerships with organizations such as Highline Beta, and Boardwalk Investment Ltd., as well as a network of over 220 real estate and mortgage professionals.

“Our mission is to empower families to overcome the barriers to homeownership, much like the ones I experienced when I arrived in Canada to call my new home,” said Amy Ding, CEO and Founder of Requity Homes.

Addressing Canada’s Homeownership Crisis

Informed by extensive market research and real-world insights, Requity Homes' platform is designed to fill the critical gap between renting and traditional homeownership. The initiative specifically targets the estimated two million Canadian rental households that have the financial capacity to afford a home but struggle to meet the requirements for conventional mortgages due to factors like newcomer status, self-employment, or insufficient down payment savings.

Faces of Change: Families We’ve Helped Across Canada

As part of our commitment to making homeownership accessible, we are proud to share the stories of some of the families whose lives have been transformed through our program:

  1. Tarek and Farjana (Edmonton, Alberta) - This couple from Bangladesh received full approval within four days of applying and moved into their dream home. "I haven't seen any other companies giving this much flexibility to newcomers," said Tarek.
  2. Ingrid and Jose (Saskatoon, Saskatchewan) - Despite stable incomes but facing traditional mortgage challenges, the family who relocated from the Greater Toronto Area from Saskatoon used Requity Homes' rent-to-own program to purchase their home in just 8 months through diligent saving.
  3. Raquel (Sault Ste. Marie, Ontario) - This young family moved closer to family while expecting their newest addition. Raquel was on maternity leave, and the family saved $400 monthly through Requity Homes’ program and purchased their home in two years. "What an amazing feeling to be a homeowner," Raquel shared.
  4. María and José Andrade (Sault Ste. Marie, Ontario) - These Colombian newcomers found immediate support to purchase a home through Requity Homes in 2021. "The moment Amy called us and told us that we closed the sale and that the house was our home... we just can't explain how it feels. It's like our dreams materialized into reality!"

The faces behind these stories reflect our commitment to empowering families and fostering community growth across Canada.

The initiative features:

  • Smart Pre-Qualification Technology for instant assessments without credit score impact.
  • Flexible Home Selection from properties ranging from $150,000 to $600,000.
  • Structured Savings Program where monthly rent contributes to down payment savings.
  • Comprehensive Support including credit coaching and financial guidance.

Target Markets and Expansion Strategy

Target markets include key secondary cities across four provinces, selected based on affordability and high rental demand. 

Requity Homes has presence in:

  • Ontario: North Bay, Sarnia, Sault Ste. Marie, Sudbury, Thunder Bay, Windsor 
  • Alberta: Airdrie, Beaumont, Edmonton, Grande Prairie, Leduc, Lethbridge, Red Deer, Sherwood Park, Spruce Grove, St. Albert, Stony Plain 
  • Saskatchewan: Martensville, Moose Jaw, Prince Albert, Regina, Saskatoon, Warman
  • Manitoba: Winnipeg

These markets have been strategically chosen based on affordability metrics, high rental demand exceeding ownership costs, and a shortage of quality rental inventory—creating ideal conditions for rent-to-own solutions.

About Requity Homes

Founded in Toronto in 2020 by CEO Amy Ding, Requity Homes is a proptech company committed to making homeownership attainable through innovative rent-to-own solutions. The platform focuses on serving aspiring homeowners who have been overlooked by traditional lending practices, including newcomers to Canada, self-employed individuals, and families building their credit history. Through strategic partnerships with leading financial institutions, real estate professionals, and government agencies like CMHC, Requity Homes is at the forefront of transforming homeownership accessibility across Canada.

With operations spanning four provinces and a growing network of professional partners, Requity Homes is recognized as Canada’s premier alternative homeownership platform. The company's dedication to transparency, education, and client success has led to industry-leading buyback rates and high customer satisfaction. For more information, visit requityhomes.com.

Media Contact
Requity Homes
partners@requityhomes.com
1-855-952-6492

The Bank Said "Not Yet." We Say "Welcome Home."
Start your path to homeownership with just 2% down.
See if you qualify for rent-to-own in under 2 minutes with zero credit impact.
Get Pre-Qualified Now →
Frequently asked questions (FAQs)
How does rent-to-own work?
Rent-to-own lets you live in the home now while working toward buying it later.
  • Apply online to get pre-qualified with no credit impact
  • Choose a home within your approved budget
  • We purchase the home and you move in
  • Each month you pay rent plus a fixed savings amount
  • You can buy back the home anytime during the standard three-year term, or walk away and keep your savings based on the program rules
Start your pre-qualification with Requity Homes now – it takes only minutes, and there’s no obligation to get started.
What kind of homes can I choose?
You can choose almost any move-in-ready home listed publicly or privately, as long as it meets our program criteria.
Eligible homes typically:
  • Are freehold single-family homes or townhouses
  • Are connected to municipal water and sewer
  • Are priced between $150,000 and $600,000
  • Are located in Alberta, Manitoba, Ontario, or Saskatchewan in communities with established municipal services and a population of 20,000 or more.
In some cases, newly built condo townhouses with reasonable condo fees may be approved. If approved, condo fees are added to your monthly payment.
Homes must be in good condition. Major systems such as roof, furnace, HVAC, and water heater should be within reasonable age limits. All properties are reviewed to confirm they meet our inspection and funding requirements.
We do not purchase rural properties, fixer-uppers, homes sold as-is, or properties with structural or safety concerns.
Once you are pre-qualified, you can tour homes with a partner agent or your own realtor and we will confirm eligibility before purchase.
How does pricing work?
Your monthly payment has two parts.
  • Rent that is aligned with the home’s carrying costs
  • Monthly savings that build your down payment
Pricing depends on the home price, your initial deposit, your monthly savings goal, and how quickly you want to buy back the home.
Want an estimate for your budget? Use our rent-to-own payment calculator
What are the basic requirements to qualify?
Eligibility varies, but here is the usual starting point.
  • Minimum household income $70,000 plus
  • Minimum credit score 500 plus
  • Minimum deposit 2% or $5,000
  • No active bankruptcy or consumer proposal
Eligibility varies, but here is the usual starting point.
We verify income and savings with documents so we can confirm the payments are affordable.
What documents do I need to verify income?
Depending on the type of income, we will ask for different supporting documents to verify your income. Our goal is to make sure you can afford rent-to-own payments during the lease term.
Traditional employment
(Hourly, Salaried or Commission)
  • Employment letter
  • Most recent pay stubs
  • Notice of assessment from the last two years
  • Bank statements for the past 6 months
Self-employed
  • T1 general tax returns
  • T2 corporate tax returns
  • Notice of assessment from the last two years
  • Personal & Corporate bank statements for the past 12 months
Pension & Disability Incomes
  • Proof that such payments are expected to be longer than three years
Alimony & Child Support
  • Proof that such payments have been made consistently in the past 6 months
What is the interest rate?
There is no interest rate during the rent-to-own term because this is not a mortgage.
When you are ready to buy the home, most clients get a mortgage from a lender to complete the purchase.

Have Questions About Rent-to-Own? Let’s Talk.

Speak to our team about your eligibility, monthly payments, and next steps toward homeownership.
Schedule My Call →
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Tackling Canada’s Homeownership Crisis Requity Homes Launches '100 Families, 100 Homes’ in 2025

Tackling Canada’s Homeownership Crisis Requity Homes Launches '100 Families, 100 Homes’ in 2025

7/7/25
|
4
 min read
Tackling Canada’s Homeownership Crisis Requity Homes Launches '100 Families, 100 Homes’ in 2025
Summary
Requity Homes' $26M '100 Families, 100 Homes' initiative helps Canadian families achieve homeownership through rent-to-own solutions in 2025.
Table of Contents

TORONTO, ONTARIO, JULY 7, 2025 --Requity Homes, a leader in rent-to-own solutions, proudly announces its groundbreaking "100 Families, 100 Homes" initiative, backed by $26 million in funding. This innovative program is designed to help 100 Canadian families achieve homeownership in 29 cities across Ontario, Alberta, Saskatchewan, and Manitoba by the end of 2025, addressing the pressing homeownership crisis, especially for underserved groups like newcomers and self-employed individuals.

Since its launch in 2020, Requity Homes has transformed the homeownership journey for thousands, with over 80% of clients successfully purchasing homes within 18 months. In 2024, the platform served over 3,000 applicants, forging vital partnerships with organizations such as Highline Beta, and Boardwalk Investment Ltd., as well as a network of over 220 real estate and mortgage professionals.

“Our mission is to empower families to overcome the barriers to homeownership, much like the ones I experienced when I arrived in Canada to call my new home,” said Amy Ding, CEO and Founder of Requity Homes.

Addressing Canada’s Homeownership Crisis

Informed by extensive market research and real-world insights, Requity Homes' platform is designed to fill the critical gap between renting and traditional homeownership. The initiative specifically targets the estimated two million Canadian rental households that have the financial capacity to afford a home but struggle to meet the requirements for conventional mortgages due to factors like newcomer status, self-employment, or insufficient down payment savings.

Faces of Change: Families We’ve Helped Across Canada

As part of our commitment to making homeownership accessible, we are proud to share the stories of some of the families whose lives have been transformed through our program:

  1. Tarek and Farjana (Edmonton, Alberta) - This couple from Bangladesh received full approval within four days of applying and moved into their dream home. "I haven't seen any other companies giving this much flexibility to newcomers," said Tarek.
  2. Ingrid and Jose (Saskatoon, Saskatchewan) - Despite stable incomes but facing traditional mortgage challenges, the family who relocated from the Greater Toronto Area from Saskatoon used Requity Homes' rent-to-own program to purchase their home in just 8 months through diligent saving.
  3. Raquel (Sault Ste. Marie, Ontario) - This young family moved closer to family while expecting their newest addition. Raquel was on maternity leave, and the family saved $400 monthly through Requity Homes’ program and purchased their home in two years. "What an amazing feeling to be a homeowner," Raquel shared.
  4. María and José Andrade (Sault Ste. Marie, Ontario) - These Colombian newcomers found immediate support to purchase a home through Requity Homes in 2021. "The moment Amy called us and told us that we closed the sale and that the house was our home... we just can't explain how it feels. It's like our dreams materialized into reality!"

The faces behind these stories reflect our commitment to empowering families and fostering community growth across Canada.

The initiative features:

  • Smart Pre-Qualification Technology for instant assessments without credit score impact.
  • Flexible Home Selection from properties ranging from $150,000 to $600,000.
  • Structured Savings Program where monthly rent contributes to down payment savings.
  • Comprehensive Support including credit coaching and financial guidance.

Target Markets and Expansion Strategy

Target markets include key secondary cities across four provinces, selected based on affordability and high rental demand. 

Requity Homes has presence in:

  • Ontario: North Bay, Sarnia, Sault Ste. Marie, Sudbury, Thunder Bay, Windsor 
  • Alberta: Airdrie, Beaumont, Edmonton, Grande Prairie, Leduc, Lethbridge, Red Deer, Sherwood Park, Spruce Grove, St. Albert, Stony Plain 
  • Saskatchewan: Martensville, Moose Jaw, Prince Albert, Regina, Saskatoon, Warman
  • Manitoba: Winnipeg

These markets have been strategically chosen based on affordability metrics, high rental demand exceeding ownership costs, and a shortage of quality rental inventory—creating ideal conditions for rent-to-own solutions.

About Requity Homes

Founded in Toronto in 2020 by CEO Amy Ding, Requity Homes is a proptech company committed to making homeownership attainable through innovative rent-to-own solutions. The platform focuses on serving aspiring homeowners who have been overlooked by traditional lending practices, including newcomers to Canada, self-employed individuals, and families building their credit history. Through strategic partnerships with leading financial institutions, real estate professionals, and government agencies like CMHC, Requity Homes is at the forefront of transforming homeownership accessibility across Canada.

With operations spanning four provinces and a growing network of professional partners, Requity Homes is recognized as Canada’s premier alternative homeownership platform. The company's dedication to transparency, education, and client success has led to industry-leading buyback rates and high customer satisfaction. For more information, visit requityhomes.com.

Media Contact
Requity Homes
partners@requityhomes.com
1-855-952-6492

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