Thank you for the question.
The program provides up to 5% funding for an existing property and 10% funding for a newly built property.
Yes, the amendments allow CMHC the authority to deliver on the program and to provide that funding.
Director, Housing Finance, Capital Markets Division, Financial Sector Policy Branch, Department of Finance
Thank you for the question.
The program provides up to 5% funding for an existing property and 10% funding for a newly built property.
Yes, the amendments allow CMHC the authority to deliver on the program and to provide that funding.
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