Homes have changed by leaps and bounds
since the Manitoba Home Builders'
Association (MHBA) was formed 85 years ago.
Back in 1937, a laundry room might be
conveniently located in the backyard, with
a clothesline. A national housing shortage
meant any new home was hard to find, and
even if you could find one, a 40% down
payment was a typical requirement.
The situation improved after the precursor
to the Canada Mortgage & Housing Corp.
(CMHC) was created in 1946, in part to
supply housing for veterans of the Second
World War.
Today, along with supplying mortgage loan
insurance that makes it possible to buy a
home with a minimum down payment, the
CMHC (cmhc-schl.gc.ca) is an excellent
source of financial advice and information
for home buyers.
CHANGING ROOMS
— Cont'd from page 24
DAYTONA
HOMES
—
187
Big
Bluestem
Road
—
Summerlea
26 Parade of Homes FALL 2022
