Canadian Mortgage News

May 2003 National Archive

Mortgage News & Press Releases - May 2003

• Canada and Ontario Provide $2 Million for Native Housing in Northern Ontario
  TORONTO, Ontario, May 1, 2003 - The Government of Canada and the Government of Ontario today announced the allocation of $2 million during the next two years to the Frontiers Foundation to renovate housing for native families living in Northern Ontario.
  
• CMHC's Seed Funding Expands Opportunities for Housing [Calgary]
  CALGARY, Alberta, May 1, 2003 — Community groups and others looking for funding to help flesh out a proposal for a housing project can now access a new Seed Funding initiative announced by the national housing agency, Canada Mortgage and Housing Corporation (CMHC).
  
• CMHC's Seed Funding Expands Opportunities for Housing [Halifax]
  HALIFAX, Nova Scotia, May 1, 2003 — Community groups and others looking for funding to help flesh out a proposal for a housing project can now access a new Seed Funding initiative announced by the national housing agency, Canada Mortgage and Housing Corporation (CMHC).
  
• CMHC's Seed Funding Expands Opportunities for Housing [Montréal]
  MONTRÉAL, Québec, May 1, 2003 — Community groups and others looking for funding to help flesh out a proposal for a housing project can now access a new Seed Funding initiative announced by the national housing agency, Canada Mortgage and Housing Corporation (CMHC).
  
• CMHC's Seed Funding Expands Opportunities for Housing [Toronto]
  TORONTO, Ontario, May 1, 2003 — Community groups and others looking for funding to help flesh out a proposal for a housing project can now access a new Seed Funding initiative announced by the national housing agency, Canada Mortgage and Housing Corporation (CMHC).
  
• CMHC's Seed Funding Expands Opportunities for Housing [Vancouver]
  VANCOUVER, British Columbia, May 1, 2003 — Community groups and others looking for funding to help flesh out a proposal for a housing project can now access a new Seed Funding initiative announced by the national housing agency, Canada Mortgage and Housing Corporation (CMHC).
  
• High Level of Housing Starts Continued in April
  OTTAWA, Ontario, May 8, 2003 — April's seasonally adjusted annual rate1 of 207,800 housing starts remained consistent with strong home building activity in the country, reports Canada Mortgage and Housing Corporation (CMHC).
  
• Mortgage Intelligence enters second mortgage market with introduction of i second
  Mississauga, Ont. (May 8, 2003) – Mortgage Intelligence Inc., Canada’s largest mortgage broker, has set its sights on the second mortgage market with the launch of i second, a variable rate second mortgage with approvals up to 90 per cent of home value.
  
• Housing Starts will Surpass 200,000 Units in 2003
  OTTAWA, Ontario, May 14, 2003 — Housing starts in Canada are expected to reach 205,500 units this year, according to Canada Mortgage and Housing Corporation's (CMHC) second quarter CMHC Housing Outlook, National Edition report.
  
• Mountainview Gives Seniors Independence, Support
  KELOWNA, British Columbia, May 20, 2003 — Seniors with low to moderate incomes have more housing and care options thanks to today’s opening of the Good Samaritan Society Mountainview Village, an independent living development with support services. This project combines contributions from the federal and provincial governments under the Canada-British Columbia Affordable Housing …
  
• Canada and Prince Edward Island Sign $5.5 Million Affordable Housing Agreement
  CHARLOTTETOWN, Prince Edward Island, May 23, 2003 — The Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation, the Honourable Wayne Easter, Solicitor General of Canada, and the Honourable Jamie Ballem, Prince Edward Island Minister of Health and Social Services announced today that Prince Edward Island residents will have increased access to …
  
• CMHC Develops Condominium Buyers' Guide
  OTTAWA, Ontario, May 26, 2003 — A new comprehensive condominium buyers' guide, developed by Canada Mortgage and Housing Corporation (CMHC), will help homebuyers become informed condominium buyers by proving basic information needed to start on the path to condo ownership.
  
• Canada and Newfoundland and Labrador Sign $30 Million Affordable Housing Agreement
  ST. JOHN'S, Newfoundland and Labrador, May 27, 2003 — The Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation, the Honourable Gerry Byrne, Minister of State (Atlantic Canada Opportunities Agency), the Honourable Oliver Langdon, Newfoundland and Labrador's Minister of Municipal and Provincial Affairs and Minister Responsible for Housing, and …