The Telegram (St. John's)

Gibraltar Homes to match $3,000 grant from the Provincial Government’s New Home Purchase Program.

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Monday, the Honourable Tom Osborne, Minister of Finance and President of Treasury Board, along with the Honourable Lisa Dempster, Minister Responsibl­e for the Newfoundla­nd and Labrador Housing Corporatio­n (NLHC), announced new programs to make it easier for new home buyers to purchase their first home. As part of Budget 2018, $1 million has been allocated for a New Home Purchase Program. The program will provide grants of $3,000 to individual­s and families to go toward the down payment of newly constructe­d or existing new homes never sold or occupied that are valued under $400,000 including HST. The 330 grants provided in 2018-19 will be issued to the first home buyers who apply and qualify. Gibraltar Homes will match the $3,000 Government grant to all its newly constructe­d homes, giving a home buyer a total of $3,000 off their down payment and an additional $3000 off the price of their home. This new home purchase program will certainly help achieve the dream of new home ownership. All remaining new homes at our Glendale Gardens project on Glendale Avenue in Mount Pearl are fully qualified to take advantage of this amazing incentive offered from the Provincial Government and Gibraltar Homes. For additional informatio­n, or to view Glendale Gardens and our model home call our sales team at 709.757.9383 or visit our website www.gibraltarh­omes.ca

For inquiries or further details please contact Craig Foley, Vpgibralta­r Homes at 709.986.1973 or craig@gdlhomes.ca

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