Understanding and acknowledging the issue of affordability as a central challenge for Council in Port Moody, the project is taking a creative approach in making a contribution to help alleviate the affordability issue by offering a Rent-to-Own Program. 10% of the building will be dedicated to a Rent-to-Own program for Port Moody residents only to help facilitate purchase by the locals. The program allows candidates to live in the building for 2 years before closing and save all the rent in that period for their down-payment. In addition, for the first time in Port Moody, mortgage helpers are introduced for condominiums to help to make larger family-oriented units more affordable and creating a rental pool for the community. For details please see the video.

You might also like

Subscribe for Updates

Join our mailing list to receive the latest news and updates from 3000 Henry.

You have Successfully Subscribed!