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Ontario NDP Leader Horwath speaks about Housing Affordability at Event in Stratford This Morning

Ontario NDP Leader Andrea Horwath was in Stratford this morning to speak at an event concerning housing. Also in attendance is local Perth-Wellington Candidate for the Party Jo-Dee Burbach.

Burbach is also a Councillor for the City of Stratford. Horwath discussed issued surrounding housing affordability including a plan the party has to assist with the down payments for first time home buyers.

“It’s something we call shared equity loan and it would provide 10% of the value of the property as a loan to first time home buyers who would not have to pay that loan back until they sell the property or move out.”

The Perth-Wellington riding will have no incumbent for the upcoming election with current MPP for the area, PC Party Member Randy Pettapiece, previously announcing his retirement from politics.

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