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This episode explores how BC Housing is partnering with private developers and municipalities to increase affordable homeownership options for middle-income British Columbians. Through the Affordable Homeownership Program, BC Housing takes on a mortgage of 10% of the purchase price of a home, which reduces the down payment for buyers. For middle-income families who are struggling to get into the market, this program provides access by reducing the financial burden.
Guests include:
Armin Amrolia, Former Associate Vice President, Development Strategies, BC Housing
Byron Chard, CEO, Chard Developments, on Twitter: @ChardDev
Learn more about the Affordable Homeownership Program, visit: https://www.bchousing.org/housinghub/programs-and-eligibility
This episode explores how BC Housing is partnering with private developers and municipalities to increase affordable homeownership options for middle-income British Columbians. Through the Affordable Homeownership Program, BC Housing takes on a mortgage of 10% of the purchase price of a home, which reduces the down payment for buyers. For middle-income families who are struggling to get into the market, this program provides access by reducing the financial burden.
Guests include:
Learn more about the Affordable Homeownership Program, visit: https://www.bchousing.org/housinghub/programs-and-eligibility
British Columbia is in the grips of a housing affordability crisis decades in the making. The Province has an ambitious plan to tackle the crisis through the largest investment in housing affordability in B.C.’s history. Tasked with building tens of thousands of homes in hundreds of communities is BC Housing, the agency responsible for developing, managing, and administering a wide range of subsidized housing and homelessness services across the province. BC Housing doesn’t do this alone, they work with hundreds of partners. In this podcast, you’ll hear from those tackling the crisis head on.