{"id":456,"date":"2017-01-11T20:14:07","date_gmt":"2017-01-12T01:14:07","guid":{"rendered":"http:\/\/www.juliafreeman.ca\/blog\/?p=456"},"modified":"2017-01-11T20:14:07","modified_gmt":"2017-01-12T01:14:07","slug":"bc-government-announces-increased-homeowner-grant-to-1-6-million","status":"publish","type":"post","link":"https:\/\/www.juliafreeman.ca\/blog\/2017\/01\/bc-government-announces-increased-homeowner-grant-to-1-6-million\/","title":{"rendered":"BC Government Announces Increased Homeowner Grant to $1.6 Million"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>The Province is increasing the home owner grant threshold to $1.6 million, helping keep property taxes affordable for families and ensuring most home owners will continue to receive the full grant this year<\/strong>, Finance Minister Michael de Jong announced today.<\/p>\n<p style=\"text-align: justify;\">\u201cThis is a 33% increase over last year,\u201d said de Jong. \u201cWe are doing our part to help keep housing costs affordable for families. Local governments can also work to keep property taxes at a manageable level for residents by controlling their spending and reigning in the amount of revenue they need to operate.\u201d<\/p>\n<p style=\"text-align: justify;\">The Province is projected to spend $821 million on home owner grants in 2017-18, compared to an estimated $809 million in 2016-17. The Province reimburses municipalities for the full cost of the home owner grant to ensure municipal revenues are not affected.<\/p>\n<p style=\"text-align: justify;\"><strong>\u201cThe threshold increase to $1.6 million helps ensure virtually everyone who received the grant last year will also receive it in 2017<\/strong>. The strength of the Province\u2019s economy and sound fiscal management have put us in a position to raise the threshold by such a large amount this year to help home owners.\u201d<\/p>\n<p style=\"text-align: justify;\">To download the complete article click <a href=\"https:\/\/news.gov.bc.ca\/releases\/2017FIN0002-000039\"><strong>here<\/strong><\/a>.<\/p>\n<p style=\"text-align: right;\">Credit: Government of British Columbia<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Province is increasing the home owner grant threshold to $1.6 million, helping keep property taxes affordable for families and ensuring most home owners will continue to receive the full &hellip; [<a href=\"https:\/\/www.juliafreeman.ca\/blog\/2017\/01\/bc-government-announces-increased-homeowner-grant-to-1-6-million\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/456"}],"collection":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/comments?post=456"}],"version-history":[{"count":7,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/456\/revisions"}],"predecessor-version":[{"id":464,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/456\/revisions\/464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media\/465"}],"wp:attachment":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media?parent=456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/categories?post=456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/tags?post=456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}