At House of Friendship, our vision is to create a healthy community where everyone can belong and thrive by supporting those who need food, housing, community resources or addiction treatment.
House of Friendship was founded in 1939 in the aftermath of the economic depression with the goal of helping men on the streets who were fighting hunger and homelessness. It later expanded its services to now include all genders and ages for day treatment and related wrap-around support. With 200 staff members, 1,000 volunteers annually, and a large group of donors, HoF now serves over 42,000 men, women and children per year who are struggling with addiction, low income, or access to afforable housing across Waterloo Region.
House of Friendship is raising $1 million in secured community bonds towards the Close to Home Addiction Treatment project, which will improve and increase the addiction treatment services provided by the organization in the Kitchener-Waterloo region. This financing will help House of Friendship meet the rising need of the community brought on by the current opioid crisis. The community bonds are structured as debt securities with a 6 year term and 4% interest paid annually, and principal repayment at the end of the term.