TAMRMS#: B06
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Shared Equity Mortgage Program
Notice given by: Mayor Heron
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PURPOSE OF REPORT
On September 16, 2019 Mayor Heron provided notice in accordance with Section 23 of Procedure Bylaw 3/2018 that she intended to bring forward the proposed motion below.
In order for Council to debate the motion, the motion must be formally moved.
PROPOSED MOTION(S):
recommendation
That the City participate/apply for the Canada Mortgage and Housing Corporation (CMHC)’s Shared Equity Mortgage Program to first-time homebuyers
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Report Date: November 18, 2019
Author: Shelley Wywal
Department: Legal & Legislative Services
Deputy Chief Administrative Officer: Kerry Hilts
Chief Administrative Officer: Kevin Scoble