N.L. Liberals have five-point plan to create 'upwards of 500 new housing options'

Explore stories from Atlantic Canada.

ST. JOHN'S, N.L. — The government of Newfoundland and Labrador has a five-pronged plan to see “upwards of 500 new housing options added to the market.”

Like multiple provinces have done, and in the spirit of Ottawa’s decision to remove the HST portion from new rental builds, N.L. will now do the same, knocking off the GST/HST on new purpose-built rental housing. 'It's not shelters we want to be in': Tent city occupants sick of falling through cracks in Newfoundland and Labrador

For lower-to-moderate-income would-be homeowners who have already qualified for a mortgage, a new assistance program will shore them up with the required downpayment and up to $1,500 to assist with closing costs, matching the fed’s first-time home buyer’s credit.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Palestinians haunted by 'Nakba' while bracing for Gaza offensiveExplore stories from Atlantic Canada.
Read more »

Israel and Hamas at war: Latest newsExplore stories from Atlantic Canada.
Read more »

Palestinians haunted by 'Nakba' while bracing for Gaza offensiveExplore stories from Atlantic Canada.
Read more »

Israel and Hamas at war: Latest newsExplore stories from Atlantic Canada.
Read more »

Ex-Golden Gophers go for it as Leafs take on Wild SaturdayExplore stories from Atlantic Canada.
Read more »

Qatar's Skeikh Jassim refuses to improve $6 billion Manchester United bid-sourcesExplore stories from Atlantic Canada.
Read more »