Share On January 20th, mortgage loan insurance policies to facilitate the financing of student housing in Canada was announced for the Canada Mortgage and Housing Corporation (CMHC). The Government of Canada will help finance loans of up to 85% of the lending value for the construction, purchase or refinancing of housing that has been purposely [...]
Share Canada Mortgage and Housing Corporation (CMHC) announced 22 new grants to improve housing affordability got Canadians. These grants total $99,700 and shall be awarded under CMHC’s Affordability and Choice Today (ACT) Initiative. ACT has been in operation since 1990, and it provides grants of up to $5,000 to teams of municipalities and private or [...]
Share The Canadian Real Estate Association (CREA) has revised its forecast for home sales for the year bringing it upward, and it is now citing better economic conditions. CREA forecasts 527,300 sales this year, up 13.3% from 2009 levels. The previous forecast called for a 7% increase. The national average home price is forecast to [...]
Share Canada Mortgage and Housing Corporation (CMHC) released their monthly Housing Outlook report on December 8th, 2009. Last month, we saw 11 single family homes had started in the city of Edmonton, with the number this yea being 297, it is a huge increase. For the year as a whole, single family home starts are [...]
Share 92 units of supportive housing is now open at the Lux in Vancouver’s Downtown Eastside for people who are dealing with addictions, mental health and at risk of homelessness. This was made possible by funding from federal, provincial and community partners. The federal government, through Canada Mortgage and Housing Corporation (CMHC) has provided a [...]
Share The Government of Canada has announced that the City of Whitehouse has been approved an infrastructure loan as part of Canada`s Economic Action Plan. Whitehorse has been approved $1,120,000 for a low cost loan from Canada Mortgage and Housing Corporation`s (CMHC`s) Municipal Infrastructure Lending Program (MILP), for the Takhini North Reconstruction Project. This project [...]
