Affordable-housing buyers already owned homes, civil suits claim - News Summed Up

Affordable-housing buyers already owned homes, civil suits claim


Housing claims 13 purchasers never lived in homes they agreed would be their principal residences — in violation of agreements signed for the right to buy at discount prices. Housing as part of a multi-pronged effort to combat the affordable housing crisis. The civil claims say Vivid buyers all attended an affordable housing program education session where they were told the project was financed by B.C. Housing claims realized significant personal profit by acting as the realtor for a number of purchasers in the Vivid building. Housing claims Yu made commissions worth nearly $53,000 from the sale of 12 units.


Source: CBC News March 05, 2024 18:43 UTC



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