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New Affordable Housing Project Opens in Port Colborne

New Affordable Housing Project Opens in Port Colborne

This is a discussion on New Affordable Housing Project Opens in Port Colborne within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; PORT COLBORNE, Ontario, July 29, 2008 ? The Government ofCanada, the Government of Ontario, Niagara Region and the City of ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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07-30-2008, 08:40 PM

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New Affordable Housing Project Opens in Port Colborne

PORT COLBORNE, Ontario, July 29, 2008 ? The Government ofCanada, the Government of Ontario, Niagara Region and the City of Port Colborne today celebrated the official opening of 15 new affordable housing apartments. The Community Living Port Colborne ? Wainfleet project received over $1million in funding under the Canada ? Ontario Affordable Housing Program. The ceremony was ?

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(Source: CanEquity.com)

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affordable, colborne, housing, opens, port, project

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