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Affordable Housing: Innovative Solutions and Practical Strategies for Budget-Friendly Homes
Key Takeaways Definition: Housing that costs less than 30% of before-tax household income, including utilities (CMHC). Support Programs: Federal, provincial, and nonprofit programs improve housing access across Canada. Innovative Models: Tiny homes, modular builds, laneway/garden suites, and co-housing offer lower-cost living. Financing Options: CMHC-insured mortgages, shared equity, and forgivable loans help reduce barriers. Community Impact:…
