The Self Funding House®: A Comprehensive System for Affordable Housing

In today’s challenging real estate market, finding affordable housing solutions is more important than ever for both homebuyers and builders. The Self Funding House® aims to address this by offering a holistic system that enhances affordability for both homeowners and renters. This integrated approach connects the key players in the housing industry—homebuyers, builders, municipalities, financial institutions, and investors—to create sustainable and economically viable housing solutions.

What is The Self Funding House®?

The Self Funding House® is more than just a housing model, it’s a solution for creating affordability of ownership and rentals, through the addition of ADUs (Accessory Dwelling Units) in new construction. These homes allow builders to access the largest homebuying group – people looking for affordability, while still maintaining the builder’s business objectives.

How It Works: A Collaborative Effort

The Self Funding House® doesn’t operate in a vacuum. It brings together a network of stakeholders to make the concept work seamlessly, including the critical financing component.. Here’s how each player contributes to the overall system:

1. Homebuyers: For those looking to buy, The Self Funding House® offers an affordable path to homeownership. By integrating ADUs, new homeowners can generate rental income to offset their mortgage payments, making the cost of ownership more manageable more manageable.  Imaging having the rental income count towards mortgage qualification!
2. Builders: Builders working within The Self Funding House® framework benefit from offering a more attractive product to the market—homes that come with built-in affordability features. The process includes essential elements such as the unique buying experience, The Perfect Tour™, and deploying progressing sales and marketing strategies.
3. Municipalities: Municipal governments and city planners play a crucial role in attracting affordable housing initiatives to their communities. The Self Funding House® collaborates with municipalities to provide direction, strategy, and assets to make the affordability of ownership and rentals a reality.
4. Financial Solutions: The financing aspect of The Self Funding House® is critical for creating affordability. The system includes a program that brings over 30 financial institutions together, providing optimal solutions for homebuyers – including mortgage products that recognize the income potential of ADUs. 
5. Investors: Real estate investors looking for stable, long-term investments can benefit from The Self Funding House® new construction products from various builders. By investing in properties that already have high-quality ADUs, they can enjoy dual income streams from a single property, which can be an attractive alternative to potentially uncertain renovations.

Why The Self Funding House® Is Different

Relying on government solutions, mandates, or financing is definitely not the solution to our housing crisis – it is fraught with uncertainty and unreliability. For immediate action, there are only two ways to create affordability… 1 – Make the house for significantly lower cost, OR 2 – Increase the income of the buyer.  The challenge is that building costs are difficult to reduce, given land, construction, and labour costs. We’ve chosen the second option, by having the potential rental income count towards mortgage qualification, pre-construction.

Learn More About The Self Funding House®

If you’re a homebuyer, builder, municipal planner, financial institution, or investor interested in making housing more affordable, The Self Funding House® invites you to join our movement. Together, we can make homeownership more accessible and sustainable for everyone.

For more insights, check out our explainer video on YouTube here.