Premier visits Harvest at Bose Farm
to make housing announcement.
BC government to provide up to $37,500 loan to help first-time home buyers.
On location at Harvest at Bose Farm, Premier Christie Clark announced the B.C. Home Owner Mortgage and Equity Partnership program that contributes to the amount first-time homebuyers have already saved for their down payment, providing up to $37,500, or up to 5% of the purchase price, with a 25-year loan that is interest-free and payment-free for the first five years. Through the B.C. HOME Partnership program, the Province is investing about $703 million over the next three years to help an estimated 42,000 B.C. households enter the market for the first time. https://news.gov.bc.ca
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