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Lethbridge, AB - T1J 1Y6
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First-Time Home Buyer Incentive

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens.
This initiative is designed to help young Canadians access home ownership in a fiscally responsible and affordable way. Statistically this is the demographic group with the lowest percentage of homeownership.
There are a few qualifiers to apply for this incentive:
- you need to have the minimum down payment to be eligible
- your maximum qualifying income is no more than $120,000
- your total borrowing is limited to 4 times the qualifying income
If you meet these criteria, you can then apply for a 5% or 10% shared equity mortgage with the Government of Canada. A shared equity mortgage is where the government shares in the upside and downside of the property value.
Want to learn more about buying your first home?
Ask a BILD Lethbridge Builder Member or online at
https://www.placetocallhome.ca/fthbi/first-time-homebuyer-incentive
COVID-19 Resources Page
GOVERNMENT OF ALBERTA LINKS & RESOURCES ABTraceTogether - a mobile contact tracing app that helps to let you know if you've been exposed to COVID-19 – or if you've exposed others – while protecting your privacy. Alberta's Relaunch Strategy - "Opening Soon" -...
read more2019 Awards of Excellence In Housing
On February 7 the Building Industry & Land Development Association (BILD) Lethbridge Region hosted their 21th annual Awards of Excellence in Housing and presented 30 awards including, Best Development, Custom Builder of the Year, and Builder of the Year. They also...
read moreAGM February 27, 2020
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