Down Payment Assistance Program is a a limited amount of funding is again available for the County of Lambton. Down Payment Assistance Program will be offered by the Housing Services Department’s home ownership program, which provides up to 10% in down payment assistance for a first-time home buyer.
The majority of people in the world dream of becoming successful from childhood. They define success as earning an endless amount of money, driving the most recent and luxurious car on the market and living in a house that’s so big that you couldn’t even imagine. Do all of these luxuries come from working extremely hard at one workplace for many years or having the perfect career? The truth is that many of the wealthy people in this world have a source of passive income. In some cases, many people have a side job to make passive income for which they choose how and when they would like to work.
The PEAK Home Ownership Program — which stands for Public, Essential and Key workers — is a joint initiative with Habitat for Humanity, the Government of Alberta and the Trico Charitable Foundation.
“This is very nice program for Calgarians for the first time Home buyers and give them a head start” says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada, “instead of renting it and not able to built equity as well as take advantage of appreciation. The carrying cost will be quite similar but pride of ownership has its own rewards”.