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New Housing Project for Low-Income Saskatoon Seniors

New Housing Project for Low-Income Saskatoon Seniors

This is a discussion on New Housing Project for Low-Income Saskatoon Seniors within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; SASKATOON, Saskatchewan, September 05, 2008 ? Low-income seniors in Saskatoon have access to new affordable rental housing with the opening ...

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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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09-08-2008, 06:10 PM

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New Housing Project for Low-Income Saskatoon Seniors

SASKATOON, Saskatchewan, September 05, 2008 ? Low-income seniors in Saskatoon have access to new affordable rental housing with the opening today of Columbian Manor, thanks to federal, provincial and municipal funding totaling $3.5 million.?The Government of Canada is committed to making affordable housing available in Saskatchewan and across Canada for those who need it ?

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(Source: CanEquity.com)

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housing, lowincome, project, saskatoon, seniors

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