First-Time Home Buyer Incentive
GPTKB entity
Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
government program
|
| gptkbp:aimsTo |
reduce home buying costs
|
| gptkbp:availableIn |
gptkb:Canada
|
| gptkbp:economicImpact |
$120,000 annual income
|
| gptkbp:evaluates |
online application
|
| gptkbp:funding |
gptkb:Canada_Mortgage_and_Housing_Corporation
|
| https://www.w3.org/2000/01/rdf-schema#label |
First-Time Home Buyer Incentive
|
| gptkbp:introduced |
2019
|
| gptkbp:launched |
gptkb:Government_of_Canada
|
| gptkbp:maximumDepth |
10% of the purchase price for new homes
5% of the purchase price for existing homes |
| gptkbp:paymentMethods |
25 years
|
| gptkbp:provides |
shared equity mortgage
|
| gptkbp:providesOpportunitiesFor |
existing homes
newly constructed homes |
| gptkbp:requires |
minimum down payment of 5%
|
| gptkbp:targetAudience |
first-time home buyers
|