
First Time Home Buyer Incentive Ends - Checkout these 5 alternatives
March 22nd, 2024
The federal government's First-Time Home Buyer Incentive (FTHBI) is winding down after a four-year run. Launched in 2019, this program aimed to ease the financial burden on first-time buyers by offering shared-equity mortgages. The government would contribute a portion (5% or 10%) of the down payment and then share in the future appreciation (or depreciation) of the home's value.
Prog ...