City of Langford aims to slash down payments for first-time home buyers
The City of Langford is about to launch an attainable housing program that will help first-time home buyers break into the red-hot real estate market. (CTV)
The City of Langford is about to launch an attainable housing program that will help first-time home buyers break into the red-hot real estate market.
“This is the toughest market I’ve ever seen or anybody’s ever seen in Canada, you know, probably ever,” said Langford Mayor Stew Young.
“You need a lot of money and you need a down payment to be able to afford it.”
The program will have developers build an attainable housing stock of one-, two-, and three-bedroom condos or townhomes, with a portion of the development fees going towards down payments for first-time home buyers in Langford.
Depending on a family’s income, they could qualify to receive a grant of up to 75 per cent of their down payment on one of those homes.
“It’s a game-changer for people that can’t afford to get into the market right now,” said Young. “What we’re trying to do is allow the opportunity for Langford residents to get into home ownership, to create some equity.”
The attainable housing program was initially introduced with eligibility for couples looking for two-bedroom homes, but has since been expanded.
Applications will be open to first-time home buyers who have been living in Langford for at least 2 years, as well as new RCMP officers moving to the area.
Mayor Young says about 500 people have already expressed interest, and he expects to see upwards of 1,000 applications once the program is finalized.
Applications are expected to open on the city’s website in the next 30 days.
CTVNews.ca Top Stories
Prince Charles receives military award as second day of Canadian royal tour begins
Prince Charles was invested as an extraordinary commander in the Order of Military Merit and laid a wreath at the National War Memorial as he began the second day of his Platinum Jubilee tour of Canada.
'Most horrific': Alberta First Nation investigating after remains of children found
Saddle Lake Cree Nation in eastern Alberta is 'actively researching and investigating' the deaths of at least 200 residential school children who never came home, as remains are being found in unmarked grave sites.
Worry, buyer's remorse high as real estate market slowdown materializes
A wave of buyer's remorse is taking shape in several heated real estate markets, after housing prices started dropping and the number of sales slowed over the last two months.
Alberta's Kenney to learn fate as party announces results of leadership review vote
Alberta Premier Jason Kenney is to learn today if he still has enough support from his party to stay on as leader.
BREAKING | Canada's inflation rate hits three-decade high of 6.8 per cent: StatCan
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
What's the average price of a home where you live?
While the latest data from the Canadian Real Estate Association shows that the average price of a home in Canada declined month-over-month, Canadians still spent more on home purchases in April 2022 than they did one year before. CTVNews.ca has gathered properties from across the country, listed at what is considered the average price of a home in their respective regions.
'Probable tornado' touches down in south central Sask.
A number of social media users captured Saskatchewan's first apparent first tornado of 2022 on Tuesday evening.
Investigators reveal Casey White and Vicky White paid someone US$100 to book their hotel room
Casey White and Vicky White paid a man to help them book an Indiana hotel room during their time on the run after the inmate and corrections officer slipped away from an Alabama jail, setting off an 11-day manhunt.
'Please' before 'cheese': Answers to your royal etiquette questions
Etiquette expert Julie Blais Comeau answers your questions about how to address the royal couple, how to dress if you're meeting them, and whether or not you can ask for a selfie.
Vancouver
-
These 11 hikes are considered B.C.'s riskiest: AdventureSmart
Some of the most popular hikes in British Columbia are also the riskiest, says a group geared towards outdoor safety.
-
Spring storm brings high winds and heavy rain to Metro Vancouver
Those living in B.C.'s Lower Mainland are being warned to brace for strong winds and heavy rain Wednesday.
-
B.C. council votes to return Queen Charlotte to original Indigenous village name
The council of Queen Charlotte, B.C., has decided to change the name of the village back to its ancestral Haida name of Daajing Giids.
Edmonton
-
Alberta's Kenney to learn fate as party announces results of leadership review vote
Alberta Premier Jason Kenney is to learn today if he still has enough support from his party to stay on as leader.
-
Flames, Oilers bring potent offences to second-round NHL playoff series
Two potent offences clash in the best-of-seven Western Conference semifinal starting Wednesday in Calgary.
-
Man charged 6 months after Gateway Boulevard triple stabbing
The man believed to be behind a triple stabbing near 81 Avenue and Gateway Boulevard in November has been arrested and charged, Edmonton police say.
Toronto
-
EXCLUSIVE
EXCLUSIVE | Hazel McCallion throws support behind Doug Ford for Ontario premier
Hazel McCallion, one of the longest serving mayors in Canadian history, has officially thrown her support behind Progressive Conservative Leader Doug Ford for premier ahead of the Ontario election.
-
TTC sets pandemic record for weekly ridership as workers start to return to core
The TTC set a new pandemic record for overall ridership last month as customers returned to the system in droves following the lifting of many public health restrictions.
-
Liberals, NDP snipe at each other as Ontario election campaign reaches halfway mark
The leaders of Ontario's main political parties are spreading out in search of votes as the election campaign moves past the halfway mark.
Calgary
-
1 dead in Deer Ridge house fire
A Tuesday night fire in a southeast neighbourhood has left one man dead.
-
BREAKING
BREAKING | Canada's inflation rate hits three-decade high of 6.8 per cent: StatCan
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
-
2 homes damaged by fire in northwest Calgary
Crews remained at the scene of a house fire in the northwest community of Varsity on Wednesday morning.
Montreal
-
Legault insists health care will be unchanged under Bill 96, calls out 'disinformation'
Peppered with questions on Bill 96, Legault said there's been 'disinformation' spreading, in his opinion -- and that on one important question, health care, many critics of the bill are wrong. In fact, the bill is confusing on that point and the details still haven't been fully explained.
-
Animal rights activists want to take Longueuil, Quebec to court over deer cull
Animal rights activists have filed a lawsuit against the City of Longueuil and the Quebec government for what they are calling an "unnecessary and cruel slaughter" to control the deer population at Michel-Chartrand Park.
-
Quebec reports 14 more COVID-19 deaths, drop of 35 hospitalizations
Quebec reported a drop of 35 hospitalizations for COVID-19 on Wednesday, along with 14 more deaths from the virus.
Atlantic
-
NEW
NEW | Chantel Moore shot by N.B. police officer in chest, abdomen and leg, inquest hears
The pathologist who conducted an autopsy on Chantel Moore says the 26-year-old Indigenous woman was shot twice in the chest, once in the abdomen and once in her left leg.
-
NEW
NEW | RCMP incident commander says radio service a challenge during N.S. mass shooting
A retired RCMP officer who led much of the response to the 2020 mass shooting in Nova Scotia testified today that spotty radio service posed challenges as Mounties chased a murderous suspect.
-
Former RCMP officer testifies that warning tweet in N.S. mass shooting took too long
A former RCMP officer told a Nova Scotia public inquiry on Tuesday that a tweet warning the public about the mass shooter driving a replica police vehicle should have been sent immediately after he ordered it, not two crucial hours later.
Winnipeg
-
What Manitobans can expect for gas prices this summer
As gas prices reached a new Canadian record once again, an expert said that Manitobans could be spared from the record-high prices – for now.
-
Flooding in Kenora is continuing to cause problems
The flood situation in Kenora, Ont., is continuing to cause problems, and the city is upgrading its evacuation for some residents.
-
'A pretty amazing phenomenon': Giant ice shoves form on Lake Winnipeg
Even though it is spring, some Manitobans were in for a cool surprise over the weekend as ice piled up on the shore of Lake Winnipeg, creating what looked like giant hills of ice.
Kitchener
-
Human remains found in water near Dunnville
Provincial police have launched an investigation after human remains were found in the water in Dunnville, just northwest of Port Maitland.
-
Search continues for missing man in Cambridge, still no cause released in child's death
The search continued Tuesday for a man police say may have information about the death of an 8-year-old boy in Cambridge. Neighbours also shared their concerns about the police response.
-
Police officer taken to hospital after crash near Woodstock, Ont.
An OPP officer has been taken to a hospital following a two-vehicle collision just outside of Woodstock, Ont.
Regina
-
'Probable tornado' touches down in south central Sask.
A number of social media users captured Saskatchewan's first apparent first tornado of 2022 on Tuesday evening.
-
Verdict expected in sexual assault trial of former Regina doctor
A former doctor on trial for sexual assault is expected to receive a verdict from a Regina judge on Wednesday.
-
Financing for Buffalo Pound plant renewal, Regent Par 3 golf course lease on Regina city council agenda
Financing for the Buffalo Pound Water Treatment Plant, leasing part of the Regent Par 3 golf course and a downtown heritage property are some of the topics on the agenda for Wednesday’s city council meeting.
Barrie
-
One dead, two injured in multi-vehicle crash in Bradford
Police are appealing for witnesses to a deadly multi-vehicle collision on Tuesday in Bradford.
-
Cyclist in critical condition after being struck by a gravel truck
A cyclist was airlifted to a Toronto hospital after being struck by a gravel truck Wednesday morning in Caledon.
-
Barrie's downtown development revealed
The first step in downtown's revitalization comes in the form of a newly-revised plan for Barrie Central Collegiate's former lands.
Saskatoon
-
Former Epic Alliance employee says firm 'pushed' for higher appraisals of homes it sold to investors
A former employee of Epic Alliance says the firm sometimes "pushed" for higher appraisals on homes sold to landlords and would rent to tenants who would "destroy" properties
-
Saskatoon community volunteer faces additional sexual assault charge
A man known volunteer in the community is facing another sexual assault charge, according to police.
-
Why Saskatoon's COVID-19 trend could be cause for cautious optimism
With the University of Saskatchewan research team monitoring the city's wastewater for signs of COVID-19 noting an 85 per cent drop in its latest update, experts in the city say the trend is cause for cautious optimism.
Northern Ontario
-
Charges pending in Highway 11 crash, road fully reopened
The driver of a transport is going to be facing charges after the vehicle ended up on its side blocking Highway 11 south of North Bay for most of Tuesday, police say.
-
Sudbury police dealing with person in crisis, close street near downtown
Members of the public are being asked to avoid Ethelbert Street in the area of downtown Sudbury.
-
Sudbury woman wins Miss International Canada title
A northern Ontario woman will represent Canada in an international beauty pageant in Japan later this year after winning second place in the Miss Universe Canada competition on the weekend.