Home ownership.
It is possible.

The Humber sets the tone as an urban renewal oasis

May 7, 2019 at 11:52 AM

The Humber marks a first in affordable family living options for an up-and-coming community

Weed Is Legal But Its Dank Smell Is Still Under Attack

May 7, 2019 at 10:51 AM

From condo developments to large legal grows, there’s a big push to eliminate the smell of weed in public.

The First-Timers

April 30, 2019 at 12:09 PM

Patrick Kroetsch and Jennifer Tweedie desperately wanted out of their second-floor rental in Christie Pits. Roaches, crumbling plaster and a difficult landlord were testing their patience. But Kroetsch was freelancing and Tweedie worked as a server, and the $1,350 rent made sense for their budget. Then Kroetsch’s brother told him about Options For Homes, a non-profit Toronto developer that keeps costs low by forgoing amenities like pools and gyms.

Trudeau's Homebuyers Incentive Is No ‘Subsidy for the Rich,' It's Good Policy

March 29, 2019 at 3:24 PM

hen the federal government released its budget, and along with it the First-Time Home Buyers Incentive, the Canadian public was introduced to shared equity mortgages. Designed to address housing affordability issues, the incentive is a tool that will allow CMHC to lend a homeowner money, either five or 10 per cent of the price, for a shared stake in the equity of a home.

Shared equity mortgages: A good idea going to scale

March 28, 2019 at 4:20 PM

When the Federal government released its budget in mid-March, those in the housing sector were eager to see what might be in store to help address the pressing need of making housing more affordable. Indeed, there was a response to housing affordability; it just wasn't quite what people were expecting.

Federal budget 2019: What to know about the new CMHC mortgage incentive

March 22, 2019 at 6:01 PM

Arguably the most talked-about measure of the Liberals' latest federal budget is the First-Time Home Buyer Incentive. Under the plan, the government would help some first-time buyers by advancing up to 10 per cent of the purchase price of a home so they can take out a smaller mortgage and keep monthly payments lower.

Shared-equity mortgages 101: Breaking down Ottawa's plan

March 21, 2019 at 1:51 PM

The federal government is planning to offer shared-equity mortgages in a bid to help get millennials into homes of their own. So how do they work? For more on this, BNN Bloomberg spoke with Heather Tremain, CEO of Options for Homes.

Federal budget includes new loans to help first-time homebuyers

March 19, 2019 at 3:13 PM

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).

Buying a home? CMHC could soon kick in 10% of the cost — for a price

March 19, 2019 at 3:00 PM

The government is earmarking $1.25B over 3 years for something it's calling a 'shared equity mortgage'

Options for Homes Applauds Housing Affordability Measures in 2019 Federal Budget

March 19, 2019 at 2:51 PM

TORONTO--(BUSINESS WIRE)--Mar 19, 2019--Options for Homes is delighted with the steps that Budget 2019 takes to address Canada's housing affordability crisis.