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F i r s t - t i m e homebuyers helped Canada Mortgage and Housing Corporation break its mortgage insur- ance record last year, according to CMHC's 1992 Annual Report, tabled in the House of Commons by Elmer Mackay, minister responsi- "Through mort- gage loan insur- ance, Canada's housing agency helped more than 277,000 house- holds make their dream of home- ownership a reality last year," said CMHC president E.A. Flichel. "Almost 64.000 of those' were first- time buyers. helped through CMHC First Home Loan Insurance's 95% financing pro- gram." . Last year, 38,000 additional households were assisted by CMHC social housing pro- grams, bringing the total over its histo- ry to 652,000 CMHC Mortgage insurance highlights annual report ble for CMHC "CMHC has been instrumental in helping the Canadian housing industry perform its vital role as an engine of econom- ic growth while helping to house Canadians." said MacKay. "In addi- MacKay. "In addi- tion, the Corporation's lead- ership and innova- tion have brought a national vision to housing in C I " M o r t g a g e - backed Securities also had a record year with S6-bil- lion in issues last Year. Other initiatives of note included: . The introduc- tion of the four- year Next Step program, which provides transition- al housing for vic- tims of domestic abuse. . CMHC'S Open House, a demon- stration home that showcases new housing options for persons with dis- abilities was dis- played in more than a dozen Canadian commu- Mies last year and was seen by about 100,000 people. households. . CMHC gave top honors for two 'urban infill designs in CMHC's Healthy Housing Competition and will help in the building, display, and eventual occu- pancy of the hous- es, as part of CMHC's efforts in a continuing com- mitment to sustain- able development. . CMHC awards, grants, and research support helped Canadian researchers and LQALL TODAY FOR YOUR NEXT MOVE 342-7000 ...a 1.7ttavetitateitt WTOAKVILLE. This magnum“ ravine mm with itstrtettuetmtsamts-ittg hmbwmsmcm4mzmeagwmhwu mm3mguuw _.._ettttattttaettttitstreetssFAs"roAKVTuirttht. dumdumam "atiteMttrmatt,tttirtkwurMttroraruhagshmudttims a WLU‘V A.tltWt TtM"iNo.tVAt-eee-0Hitqttt-' put Math“ RUDI MUELLER 842-7000 RU)! MU Fd J ER RUDI MUELLER 84b7000 FOR THOSE WHO WANT MORE. .. FOR DISC'RIMINATING BUYERS housing stakehold- ers pursue valuable work in the devel- opment of new housing options and the transfer of technology to meet the evolving hous- ing needs of Canadians. symposium - Independence Through Housing - in Winnipeg last year, which focused on social. regulatory, finan- cial, and design issues and opportu- nities for housing an international CMHC held FOR STARTERS. .. iMb7000 ation in 1946, CMHC has contin- ually operated as a business while car- rying out its man- date of helping to house Canadians," said Flichel. "In 1992, we made concerted efforts with our public and industry partners to respond to expectations of Canadians to remain among the best housed people in the world. And for the 46th year in people abilities Since ith dis its ere. 1946 $172,000 a row, CMHC returned profits and taxes to the federal government CMHC, the fed- eral government's housing agency, works with public and private part- ners to support the economic, social, and environmental well-being of com- munities, through market housing activities, social housing. housing support. and - last year amount ing to about $12 million." support research ED Jo m