On CFARs City Beat Wednesday afternoon City Council’s Vice-Chair of the Social, Community and Recreation Services Committee Mike Slipp outlined the Flin Flon Home Buyers Assistance Program. He explained if you are a first time home buyer or haven’t owned a home in three years or more you may quality for this Home Buyers Assistance Program.  He noted the program is structured to subsidize the down payment of mortgages by way of a forgivable loan to be obtained by eligible home buyers….

“You can get a forgivable loan for a down payment for up to eight percent of the purchase price of a home or eight percent of rehabilitation of a home if the value is under 100 thousand dollars.  You can purchase a detached house up to a value of 200 thousand dollars and take advantage of this or purchase a vacant or derelict building for rehabilitation for residential use too.”

You can find more information and apply by going to City Hall or visit the City of Flin Flon website and click on government and you can send any questions you have to info@flinflon.ca.