BC wants you to own a home
How it Works
You want to own property and have some money set aside for your down payment but it isn’t quite enough and you still have no idea of where you’d like to buy.
Sign up here using the blue bar below.
Each time a new development participating in this program is released, you will get an email notification. If said property is of your liking, you will get further instructions on how to apply.
Once you apply and qualify, you receive BC government’s contribution (up to 20%) towards your down payment, interest and payment-free for the next 25 years.
With a bigger down payment, you are able to afford your dream property.
Congrats! You’re now a happy homeowner!
As time passes by, your home increases in value.
You sell your home and receive a nice chunk of money from your investment. You repay the government’s downpayment at the current fair market value.
It’s a win win situation!
- BC’s Contribution: $75,000 (15%)
- Your Downpayment: $25,000 (5%)
5 Years Later
- BC Keeps: $120,000 (15%)
- You Keep: $40,000 (5%)