As the centrepiece of its budget plan to boost home ownership, the Liberal government also launched a new shared equity mortgage plan to benefit first-time buyers with incomes of $120,000 or less, to be administered by Canada Mortgage and Housing Corp. (CMHC).
The government is earmarking $1.25B over 3 years for something it's calling a 'shared equity mortgage'
Toronto needs to think outside the box — or the condo tower — when it comes to solving its housing challenges. Put another way: "It's time to hack the condo model," says the executive director of the Ryerson City Building Institute.
City needs to implement solutions to housing crunch 'as swiftly as possible,' report says
Homebuyers enticed by new condos, Union Pearson Express
Today, on a beautiful warm September morning, a crowd gathered to witness the first stage in the building of The Humber, an Options For Homes condominium – a symbolic demolition of the existing buildings on the site.