The Canadian Armed Forces is introducing a new housing benefit to help troops find affordable accommodations. A realtor says the benefit won't help military members in Petawawa, Ont.
A change to the Canadian Armed Forces housing benefit will see thousands more members partially compensated for housing."I would say that about 80 per cent of the transactions in our office are about military transferees," Pembroke and Petawawa based Re/Max realtor Cynthia Lloyd says.
"The idea is that for their gross monthly salary they are not paying more than 25 per cent of their budget on housing." Regular force, Class B reserves, and Class C reserves on the three lowest levels can claim the benefit. Those members living in Petawawa on level 1 can claim up to $950 a month, level 2 up to $600 a month, and level 3 up to $150 a month.
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