Province launches new program to help Nova Scotians buy their first home
The province has announced a new program to help Nova Scotians buy their first home.
Housing Minister Joanne Bernard and MP Andy Fillmore made the announcement on Wednesday.
They say first-time homebuyers who are working to save for a down payment could soon get an interest-free loan from Housing Nova Scotia as provincial and federal governments are investing $1.3 million to fund a new one-year Down Payment Assistance Program.
The province says for Nova Scotians to be eligible for this program they must have a total household income of up to $75,000.