NDP help graduates put down roots in Nova Scotia – Video
September 12, 2013
(Halifax, N.S.) Today, Premier Darrell Dexter announced a Graduate Home Ownership Assistance Program that will help young graduates buy their first home, put down solid roots and build a future in Nova Scotia.
“The NDP is fighting for good jobs and building stronger communities so more young people can stay, work and raise a family here at home,”said Dexter.“This program will help young graduates who may have student loans buy their first home and start building equity for their future.”
Many new graduates are paying as much in rent as they would for a mortgage. Barriers for first time homebuyers are often the lack of a sizeable down payment and, for some, repayment of their student loan.
“The NDP will provide more flexible down payment options allowing new graduates and young people to buy a home earlier and plan for their future sooner,” said the NDP leader.
The program will be rolled out in 2014. More than 13,000 people graduate from a Nova Scotia college or university each year.
“As a young couple with deep roots in the province we are looking forward to graduating and building our lives together in Nova Scotia,” said Allison Sparling and Luke Hardiman of Halifax.
“Thinking of future housing has made us nervous. Programs that will help us buy our first home once we graduate is very exciting. The NDP is making it easier to live where we want to, right here in Nova Scotia.”
The NDP will: deliver better health care where and when people need it, fight for good jobs and stronger communities, keep the HST off home energy and take it off more family essentials, give our kids a better start, stand up for seniors, build the Maritime Link and keep the budget balanced to protect services for families.