SURREY, B.C. — British Columbia's New Democrats have unveiled a plan that Leader David Eby says will help middle-income families purchase a home by financing 40 per cent of the price. The plan commits up to $1.
SURREY, B.C. — British Columbia's New Democrats have unveiled a plan that Leader David Eby says will help middle-income families purchase a home by financing 40 per cent of the price.
A statement from the NDP says the government would partner with non-profit organizations, local governments, First Nations and market-housing providers to identify land and projects for development. When the buyer sells their unit, the NDP says the province's contribution must be repaid, plus 40 per cent of the appreciation value of the home.
"Our plan will make that dream come true for thousands of first-time, middle-class homebuyers by substantially reducing the listing price and the mortgage you will pay," he says.
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