New provincial government incentives, along with a forecasted balanced market and continued strong housing starts, will support home purchases in 2017, especially by first-time home buyers.
British Columbians looking to purchase their first home can apply to the B.C. Home Owner Mortgage and Equity Partnership program, which helps first-time homebuyers create secure and stable futures for their families through home ownership.
Environment Minister Mary Polak and Natural Gas Development Minister Rich Coleman issued the following statement following their issuing of an Environmental Assessment (EA) Certificate for the B.C. portion of the Trans Mountain Pipeline Project:
Environment Minister Mary Polak and Natural Gas Development Minister Rich Coleman have issued an environmental assessment certificate to Trans Mountain Pipeline ULC for the B.C. portion of the Trans Mountain Expansion project, which is an interprovincial pipeline approximately 987 kilometres long between Edmonton, Alberta and Burnaby, British Columbia.
Provincial funding of $4 million will bring new affordable homes for seniors with low to moderate incomes at a new housing development in Langley.
Two weeks from today, first-time homebuyers can begin to take advantage of the new B.C. Home Owner Mortgage and Equity Partnership program.
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