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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:
- 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.
- 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.
- 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.
- 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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