Housing initiative to help Black families break into housing market launches in Canada
CA, 07 Mar 2022
A new housing program to help more Black families break into the housing market has launched in Canada, starting with the Greater Toronto Area.
With the average ownership rate for Black households in Canada at about 40 per cent compared to the overall rate of 68 per cent, the shared equity initiative is aimed at countering systemic racism and helping more families find a home.
As Anne Gaviola reports, the initiative is the first of its kind in Canada and if it's successful it will expand to more parts of the country.
For more info, please go to https://globalnews.ca/news/8659243/shared-equity-program-black-homeownership/
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With the average ownership rate for Black households in Canada at about 40 per cent compared to the overall rate of 68 per cent, the shared equity initiative is aimed at countering systemic racism and helping more families find a home.
As Anne Gaviola reports, the initiative is the first of its kind in Canada and if it's successful it will expand to more parts of the country.
For more info, please go to https://globalnews.ca/news/8659243/shared-equity-program-black-homeownership/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews
