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Article source: http://www.torontorealestateboard.com/consumer_info/market_news/news2011/pdf/nr_minister_video_hst.pdf
TREB President’s
Column as it appears every Friday in the Toronto Sun’s Resale
Homes and Condos section.
Helpful Advice Is Keystrokes Away
May 27, 2011 — For some people, one of the most challenging aspects of buying a home can be choosing from the numerous options to help fit their lifestyle. From a condominium in the heart of the city to a farm set amongst rolling hills, from life on an island to a home near ski slope, few world cities can boast the eclectic mix of housing that the Greater Toronto Area offers.
This spectrum of choices means that it’s particularly important to use the services of a REALTOR® to carefully identify a home that is best suited to fit your lifestyle.
Start by signing a Buyer Agency Agreement, the BRA helps outline your REALTOR’s® commitment to represent your best interests by working exclusively on your behalf for a designated period of time.
A REALTOR’s® direct access to a number of important databases may help you identify all of your options.
If you prefer a home in an established community, your REALTOR® can use the Multiple Listing Service® (MLS) to search for thousands of available properties, which are displayed in real time, as soon as they are listed for sale.
Your REALTOR® may also register your criteria in the Toronto Real Estate Board’s Buyer Registry Service (BRS). It is a password-protected database in which your personal information is only accessible to your REALTOR®. While you can receive regular email notifications on homes that match your specifications, communication between buyers’ and sellers’ REALTORS® who use the BRS can occur even faster.
Your REALTOR® may even be aware of soon-to-be available properties through their network of contacts in the community.
Be sure to visit www.BRAFirst.ca for more information on the Buyer Representation Agreement.
If a brand new home is what you have in mind, your REALTOR® can advise as to new home construction options throughout Greater Toronto Area using the Realnet Canada database. Developments can be searched by housing type, location, price range and a number of other specific criteria.
Once you have selected a few options, your REALTOR® can gather information that can be key to your decision-making like any price adjustments that have occurred and the property’s number of days on the market. They can also use the MLS® to help you evaluate asking prices based on the information of other properties recently sold in the area.
In fact, regardless of whether it was ever available on the MLS®, your REALTOR® can advise on a property’s previous sold price by accessing their link to Teranet’s land registry system. This database contains other key information as well, like neighbourhood demographic profiles, aerial views and land surveys.
Insight into other specifics like assessed values, a home’s age, and square footage can also be gleaned using the Municipal Property Assessment Corporation (MPAC) database.
By weighing all of these factors you can develop a focused pursuit of your perfect home and with a REALTOR’s® expert negotiating skills, it could be yours sooner than you think.
Regardless of whether you choose new or resale, every market is different be sure to contact a REALTOR®. Their skills and expertise may give you a winning advantage and help find the right home for you.
For more information like this visit www.TorontoRealEstateBoard.com
Bill Johnston is President of the Toronto Real Estate Board, a professional association that represents 31,000 REALTORS® in the Greater Toronto Area.
Follow TREB on www.twitter.com/TREB_Official, www.Facebook.com/TorontoRealEstateBoard and www.youtube.com/TREBChannel
Article source: http://www.torontorealestateboard.com/pres_sun_col/index.htm
TREB President’s
Column as it appears every Friday in the Toronto Sun’s Resale
Homes and Condos section.
Helpful Advice Is Keystrokes Away
May 27, 2011 — For some people, one of the most challenging aspects of buying a home can be choosing from the numerous options to help fit their lifestyle. From a condominium in the heart of the city to a farm set amongst rolling hills, from life on an island to a home near ski slope, few world cities can boast the eclectic mix of housing that the Greater Toronto Area offers.
This spectrum of choices means that it’s particularly important to use the services of a REALTOR® to carefully identify a home that is best suited to fit your lifestyle.
Start by signing a Buyer Agency Agreement, the BRA helps outline your REALTOR’s® commitment to represent your best interests by working exclusively on your behalf for a designated period of time.
A REALTOR’s® direct access to a number of important databases may help you identify all of your options.
If you prefer a home in an established community, your REALTOR® can use the Multiple Listing Service® (MLS) to search for thousands of available properties, which are displayed in real time, as soon as they are listed for sale.
Your REALTOR® may also register your criteria in the Toronto Real Estate Board’s Buyer Registry Service (BRS). It is a password-protected database in which your personal information is only accessible to your REALTOR®. While you can receive regular email notifications on homes that match your specifications, communication between buyers’ and sellers’ REALTORS® who use the BRS can occur even faster.
Your REALTOR® may even be aware of soon-to-be available properties through their network of contacts in the community.
Be sure to visit www.BRAFirst.ca for more information on the Buyer Representation Agreement.
If a brand new home is what you have in mind, your REALTOR® can advise as to new home construction options throughout Greater Toronto Area using the Realnet Canada database. Developments can be searched by housing type, location, price range and a number of other specific criteria.
Once you have selected a few options, your REALTOR® can gather information that can be key to your decision-making like any price adjustments that have occurred and the property’s number of days on the market. They can also use the MLS® to help you evaluate asking prices based on the information of other properties recently sold in the area.
In fact, regardless of whether it was ever available on the MLS®, your REALTOR® can advise on a property’s previous sold price by accessing their link to Teranet’s land registry system. This database contains other key information as well, like neighbourhood demographic profiles, aerial views and land surveys.
Insight into other specifics like assessed values, a home’s age, and square footage can also be gleaned using the Municipal Property Assessment Corporation (MPAC) database.
By weighing all of these factors you can develop a focused pursuit of your perfect home and with a REALTOR’s® expert negotiating skills, it could be yours sooner than you think.
Regardless of whether you choose new or resale, every market is different be sure to contact a REALTOR®. Their skills and expertise may give you a winning advantage and help find the right home for you.
For more information like this visit www.TorontoRealEstateBoard.com
Bill Johnston is President of the Toronto Real Estate Board, a professional association that represents 31,000 REALTORS® in the Greater Toronto Area.
Follow TREB on www.twitter.com/TREB_Official, www.Facebook.com/TorontoRealEstateBoard and www.youtube.com/TREBChannel
Article source: http://www.torontorealestateboard.com/pres_sun_col/index.htm
NIAGARA FALLS, ON, June 28, 2010 — The Government of Canada, the Government of Ontario, Niagara Region, the City of Niagara Falls, and Niagara Regional Housing today celebrated the opening of a new affordable housing apartment complex in Niagara Falls. The housing development is supported by $1.4 million in funding under the Canada – Ontario Affordable Housing Program.
The Honourable Rob Nicholson, P.C., Q.C. Member of Parliament for Niagara Falls, Minister of Justice, and Attorney General of Canada, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC); Kim Craitor, Member of Provincial Parliament for Niagara Falls, on behalf of Jim Bradley, Ontario’s Minister of Municipal Affairs and Housing and Member of Provincial Parliament for St. Catharines; Peter Partington, Niagara Regional Chairman; Ted Salci, Mayor of Niagara Falls and Phil Ritchie of Keefer Developments Ltd. attended the event.
“The Government of Canada is helping Canadians during these tough economic times,” said Minister Nicholson. “Here in Niagara Falls, this achievement gives hope to residents who need quality affordable housing that meets their needs”.
“The Ontario government is pleased to help deliver quality affordable housing in Niagara Falls because we know it is essential to the community’s health and well-being,” said MPPCraitor. “I want to extend thanks and congratulations to the developers and community groups who are making it possible to celebrate progress on our housing initiatives.”
The 20-unit Morrison Street Apartments located at 4525 Morrison Street received $1.4 million funded through the Canada – Ontario Affordable Housing Program. The federal and provincial funding is complemented by $85,000 in municipal financial incentives by the City of Niagara Falls.
“This housing project exemplifies Niagara Region’s commitment to working with our federal, provincial and municipal partners to improve access to quality, affordable housing for the people of Niagara,” said Peter Partington, Chairman, Niagara Region.
“We are putting roofs over the heads of the people that need them most in our City,” said Mayor Ted Salci. “Finally, the dire need for affordable housing in Niagara Falls is closer to being met. Keefer Development’s housing community on Morrison Street is one more partner project between the Federal, Provincial, Regional, Municipal Governments and Niagara Regional Housing that is making a difference.”
“Keefer Developments is thrilled to partner with all levels of government, Niagara Regional Housing, and our public sector partners to complete this smart growth project that sustainably enhances the community in downtown Niagara,” said Phil Ritchie, President, Keefer Developments Ltd. “This project is the first non-smoking LEED (Leadership in Energy and Environmental Design) certified apartment building in Niagara. We are lucky to attract good people, and business partners who believe in the work we do.”
The Canada – Ontario Affordable Housing Program Agreement comprises a commitment of $301 million from each of the two senior levels of government. In total, the federal, provincial and municipal governments will invest at least $734 million in the program, which will provide affordable housing for up to 20,000 households in Ontario.
In 2008, the Government of Canada committed more than $1.9 billion over five years to improve and build new affordable housing and to help the homeless. Canada’s Economic Action Plan builds on this with an additional one-time investment of more than $2 billion over two years in new and existing social housing and up to another $2 billion in loans to municipalities for housing-related infrastructure. Combined for Ontario, this means a further $1.2 billion joint investment under the amended Canada – Ontario Affordable Housing Program Agreement. The federal and provincial governments are contributing equally to this overall investment.
In 2009, Ontario allocated a combined federal and provincial investment of $704 million for the renovation of social housing, and $540 million for the construction of new affordable housing. This investment is part of the Open Ontario plan, and will generate an estimated 23,000 jobs over the course of the program, while strengthening local economies across the province. To date, Ontario has approved more than $465 million for construction-ready projects, which will provide affordable housing for low-income families, senior citizens, and persons with disabilities, and $351.9 million for repairs benefiting some 148,000 social housing units. To find out more about affordable housing in Ontario, visit www.mah.gov.on.ca.
To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan. For more information on Canada’s Economic Action Plan, call 1-800-O-Canada or visit www.actionplan.gc.ca.
Media contacts:
See related speech
Minister Rob Nicholson celebrated the opening of a new affordable housing apartment complex Niagara Falls.
Left to right: Phil Ritchie of Keefer Developments Ltd., Niagara Falls Mayor Ted Salci, Kim Craitor, Member of Provincial Parliament for Niagara Falls, the Honourable Rob Nicholson, P.C., Q.C. Member of Parliament for Niagara Falls, Minister of Justice, and Attorney General of Canada, Ms. Lora Beckwith, General Manager, Niagara Regional Housing and Peter Partington, Niagara Regional Chairman.
Article source: http://www.cmhc.ca/en/corp/nero/nere/2010/2010-06-28-0930.cfm
HAMILTON, ONTARIO, June 29, 2010 — The Government of Canada announced today that the City of Hamilton has been approved for an infrastructure loan as part of Canada’s Economic Action Plan.
The announcement was made by David Sweet, Member of Parliament for Ancaster – Dundas – Flamborough – Westdale on behalf the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC).
“Our Government understands the importance of infrastructure in maintaining strong and prosperous communities,” said MP Sweet. “This program is opening the door for municipalities to meet their housing-related infrastructure needs. Canada’s Economic Action Plan will continue to create jobs and stimulate the local economy here in Hamilton, and in all corners of the country.”
Hamilton has been approved for a low-cost loan of $25 million from CMHC’s Municipal Infrastructure Lending Program (MILP) to improve 250 residential streets throughout the City. The projects will include road resurfacing and concrete curb and sidewalk repairs for the benefit of the residents of the City of Hamilton.
Canada’s Economic Action Plan provides up to $2 billion in direct low-cost loans to municipalities, over two years, for housing-related infrastructure projects through the MILP. Municipal infrastructure loans are available to any municipality in Canada and provide a new source of funds for municipalities to invest in housing-related infrastructure projects. These low cost loans can also be used by municipalities to fund their contribution for cost-shared federal infrastructure programming.
“This funding has assisted Hamilton in rebuilding roads and sidewalks in many of our city’s neighbourhoods,” said Mayor Fred Eisenberger. “The project has helped to ensure that Hamilton’s neighbourhood infrastructure will continue to be addressed, allowing us to better prepare for future growth and prosperity.”
Eligible projects include infrastructure related to housing services such as water, power generation and waste services, as well as local transportation infrastructure within and into residential areas, such as roads, sidewalks, lighting and green space.
As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant and healthy communities and cities across the country.
More information on this and other measures in Canada’s Economic Action Plan, a plan to stimulate the economy and protect those hit hardest by the global recession, can be found at: www.actionplan.gc.ca.
More information, including applications forms, for municipalities wishing to apply for loans can be found at: www.cmhc.ca/housingactionplan.
Media inquiries:
See related speech
MP David Sweet, Ancaster – Dundas – Flamborough – Westdale and Hamilton Mayor Fred Eisenberger at the announcement of Hamilton’s approval for a low-cost loan of $25 million from CMHC’s Municipal Infrastructure Lending Program (MILP) to improve 250 residential streets throughout the City.
Canada’s Economic Action Plan provides up to $2 billion in direct low-cost loans to municipalities over two years through Canada Mortgage and Housing Corporation (CMHC)’s Municipal Infrastructure Lending Program (MILP) for housing-related infrastructure projects in towns and cities across the country.
These infrastructure loans are available to any municipality within Canada and will provide a new source of funds for municipalities to invest in housing-related infrastructure projects. Only infrastructure projects serving new or existing residential areas may be considered.
Eligible municipal infrastructure projects must directly relate to housing, thereby contributing to the efficient functioning of residential areas. Projects include infrastructure related to the provision of housing services such as water, wastewater and solid waste services; power generation; local transportation infrastructure within or into residential areas such as roads, bridges and tunnels; and residential sidewalks, lighting, pathways, landscaping and green space.
There will be a focus on funding projects that are shovel-ready, as this is a targeted, short-term, temporary measure intended to create jobs.
These low-cost loans will significantly decrease the cost of borrowing for municipalities and can be used by them to fund their contribution for cost-shared federal infrastructure programming.
Eligible loans will be approved largely on a first-come, first-served basis, provided the proposal meets eligibility requirements. However, CMHC will also seek to facilitate equitable access to the program and will work to encourage applications from urban and rural municipalities across Canada.
CMHC will screen applications against program eligibility, readiness to proceed and Canadian Environmental Assessment Agency (CEAA) requirements.
For more information or to make an application, municipalities can visit CMHC’s website at www.cmhc.ca/housingactionplan.
Article source: http://www.cmhc.ca/en/corp/nero/nere/2010/2010-06-29-1000.cfm
TYENDINAGA, ON, June 29, 2010 — The Government of Canada announced today an investment of more than $2 million as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions for six First Nation communities in Ontario.
Daryl Kramp, Member of Parliament for Prince Edward – Hastings, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement along with members of the Mohawks of the Bay of Quinte community.
“Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in Ontario,” said MP Kramp.
Through Canada’s Economic Action Plan, the Government of Canada has committed $400 million over two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC. This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.
Through Canada’s Economic Action Plan, some $65 million in federal investments will be made available to First Nations in Ontario to address immediate housing needs.
Specifically, CMHC allocated more than $1.7 million to retrofit 199 existing housing units on-reserve in six Ontario communities, as well as $470,000 for subsidy associated with four new housing units to be constructed in Mohawk Council of Akwesasne.
“The Mohawks of the Bay of Quinte would like to greatly acknowledge the contribution from Canada Mortgage and Housing Corporation through Canada’s Economic Action Plan for the funding that made this Elders Lodge Retrofitting project a success,” said Chief R. Donald Maracle. “Also, thank you to all of the contractors and Mohawks of the Bay of Quinte staff that worked together on this project to be able to provide our respected elders with more energy efficient and comfortable housing. Thank you to the residents of the Tyendinaga Elders Lodge, who have been so helpful, allowing us into their apartments over the course of the retrofitting project.”
More information on this and other measures in Canada’s Economic Action Plan, the federal government’s plan to stimulate the economy and protect those hit hardest by the global recession, can be found at: www.actionplan.gc.ca.
To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan.
Media please contact:
See related speech
MP Kramp announces more than $2 million as part of year one funding through Canada’s Economic Action Plan to improve housing conditions for six First Nation communities in Ontario.
The Government of Canada is committed to supporting First Nations through targeted investments to build and renovate housing. Today’s announcement is the latest in a series of commitments by the federal government to improve housing conditions in First Nations communities.
This commitment is in addition to the federal government’s annual investment, through Canada Mortgage Housing Corporation (CMHC) and Indian and Northern Affairs Canada (INAC), of approximately $277 million for on-reserve housing needs, and INAC’s investment of approximately $118 million annually for First Nations on-reserve in the form of shelter allowance payments under the Income Assistance Program.
Under Canada’s Economic Action Plan, the Government of Canada has provided $400 million over two years to support on-reserve housing. Of the $400 million committed, $250 million will be delivered through CMHC over two years for the creation of new on-reserve housing ($125 million) and the repair and renovation of existing federally-assisted on-reserve social housing ($125 million). The remaining $150 million will be delivered by Indian and Northern Affairs Canada (INAC) for lot servicing, renovations, new construction of high-density multi-unit dwellings, and renovations to support the conversion of band-owned housing to private ownership.
In 2007, the Government invested $300 million in the First Nations Market Housing Fund, which encourages market-based housing on-reserve.
Article source: http://www.cmhc.ca/en/corp/nero/nere/2010/2010-06-29-1500.cfm
A series of charts summarizing key residential statistics for the
GTA
April 2011
2011
March [April 5]
February [March 3]
January [February 4]
2010
December [January 6]
November [December 6]
October [November 5]
September [October 5]
August [September 3]
July [August 5]
June [July 6]
May [June 3]
April [May 5]
March [April
6]
February [March
3]
January [February
3]
2009
December [January 6]
November [December 3]
October [November
6]
September [October
5]
August [September 3]
July [August 6]
Article source: http://www.torontorealestateboard.com/consumer_info/housing_charts/index.htm
TREB President’s
Column as it appears every Friday in the Toronto Sun’s Resale
Homes and Condos section.
Helpful Advice Is Keystrokes Away
May 27, 2011 — For some people, one of the most challenging aspects of buying a home can be choosing from the numerous options to help fit their lifestyle. From a condominium in the heart of the city to a farm set amongst rolling hills, from life on an island to a home near ski slope, few world cities can boast the eclectic mix of housing that the Greater Toronto Area offers.
This spectrum of choices means that it’s particularly important to use the services of a REALTOR® to carefully identify a home that is best suited to fit your lifestyle.
Start by signing a Buyer Agency Agreement, the BRA helps outline your REALTOR’s® commitment to represent your best interests by working exclusively on your behalf for a designated period of time.
A REALTOR’s® direct access to a number of important databases may help you identify all of your options.
If you prefer a home in an established community, your REALTOR® can use the Multiple Listing Service® (MLS) to search for thousands of available properties, which are displayed in real time, as soon as they are listed for sale.
Your REALTOR® may also register your criteria in the Toronto Real Estate Board’s Buyer Registry Service (BRS). It is a password-protected database in which your personal information is only accessible to your REALTOR®. While you can receive regular email notifications on homes that match your specifications, communication between buyers’ and sellers’ REALTORS® who use the BRS can occur even faster.
Your REALTOR® may even be aware of soon-to-be available properties through their network of contacts in the community.
Be sure to visit www.BRAFirst.ca for more information on the Buyer Representation Agreement.
If a brand new home is what you have in mind, your REALTOR® can advise as to new home construction options throughout Greater Toronto Area using the Realnet Canada database. Developments can be searched by housing type, location, price range and a number of other specific criteria.
Once you have selected a few options, your REALTOR® can gather information that can be key to your decision-making like any price adjustments that have occurred and the property’s number of days on the market. They can also use the MLS® to help you evaluate asking prices based on the information of other properties recently sold in the area.
In fact, regardless of whether it was ever available on the MLS®, your REALTOR® can advise on a property’s previous sold price by accessing their link to Teranet’s land registry system. This database contains other key information as well, like neighbourhood demographic profiles, aerial views and land surveys.
Insight into other specifics like assessed values, a home’s age, and square footage can also be gleaned using the Municipal Property Assessment Corporation (MPAC) database.
By weighing all of these factors you can develop a focused pursuit of your perfect home and with a REALTOR’s® expert negotiating skills, it could be yours sooner than you think.
Regardless of whether you choose new or resale, every market is different be sure to contact a REALTOR®. Their skills and expertise may give you a winning advantage and help find the right home for you.
For more information like this visit www.TorontoRealEstateBoard.com
Bill Johnston is President of the Toronto Real Estate Board, a professional association that represents 31,000 REALTORS® in the Greater Toronto Area.
Follow TREB on www.twitter.com/TREB_Official, www.Facebook.com/TorontoRealEstateBoard and www.youtube.com/TREBChannel
Article source: http://www.torontorealestateboard.com/pres_sun_col/index.htm
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Article source: http://www.torontorealestateboard.com/consumer_info/market_news/news2011/pdf/nr_cb-vs-treb.pdf
SARNIA, ON, June 30, 2010 — The Government of Canada announced today an investment of more than $500,000 as part of the year one funding through Canada’s Economic Action Plan to improve housing conditions for two First Nation communities in Ontario.
Patricia Davidson, Member of Parliament for Sarnia – Lambton and Bev Shipley, Member of Parliament for Lambton – Kent – Middlesex, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), made the announcement today.
“Our Government’s Economic Action Plan is creating jobs, stimulating the local economy and improving housing conditions for First Nation communities in Ontario,” said MP Davidson.
Through Canada’s Economic Action Plan, the Government of Canada has committed $400 million over two years to help First Nation communities build needed new housing, repair and remediate existing non-profit housing for their members, and complement housing programs offered by CMHC. This investment will also provide an economic stimulus for many First Nations and surrounding areas by creating jobs.
“This investment demonstrates our Government’s continued commitment to increase the supply of safe and affordable housing on-reserve, while strengthening the local economy,” added MP Shipley.
Through Canada’s Economic Action Plan, some $65 million in federal investments will be made available to First Nations in Ontario to address immediate housing needs.
Specifically, CMHC allocated $120,676 to retrofit 16 existing housing units on-reserve in Chippewas of Sarnia (Aamijiwnaang) and $397,189 to retrofit 32 existing housing units on-reserve in the Chippewas of Kettle Stony Point.
More information on this and other measures in Canada’s Economic Action Plan, the federal government’s plan to stimulate the economy and protect those hit hardest by the global recession, can be found at: www.actionplan.gc.ca.
To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc.ca/housingactionplan.
Media please contact:
The Government of Canada is committed to supporting First Nations through targeted investments to build and renovate housing. Today’s announcement is the latest in a series of commitments by the federal government to improve housing conditions in First Nations communities.
This commitment is in addition to the federal government’s annual investment, through Canada Mortgage Housing Corporation (CMHC) and Indian and Northern Affairs Canada (INAC), of approximately $277 million for on-reserve housing needs, and INAC’s investment of approximately $118 million annually for First Nations on-reserve in the form of shelter allowance payments under the Income Assistance Program.
Under Canada’s Economic Action Plan, the Government of Canada has provided $400 million over two years to support on-reserve housing. Of the $400 million committed, $250 million will be delivered through CMHC over two years for the creation of new on-reserve housing ($125 million) and the repair and renovation of existing federally-assisted on-reserve social housing ($125 million). The remaining $150 million will be delivered by Indian and Northern Affairs Canada (INAC) for lot servicing, renovations, new construction of high-density multi-unit dwellings, and renovations to support the conversion of band-owned housing to private ownership.
In 2007, the Government invested $300 million in the First Nations Market Housing Fund, which encourages market-based housing on-reserve.
Article source: http://www.cmhc.ca/en/corp/nero/nere/2010/2010-06-30-1100.cfm