Langford, B.C., offers residents down payment grants to spur homebuyer affordability

[ASFN Admin]

LANGFORD, B.C. — The Victoria-area city of Langford is offering a helping hand to those who have a dream of owning their own home by providing a five per cent down payment on their purchase. Langford is facing a housing affordability crisis like almost every other community in Canada, says Mayor Stew Young, but the city is tapping into the fees it charges developers to build there and using the money to help first-time buyers with a down payment. The program was announced Oct. 19, seeking expres

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