People across the world have been affected by COVID-19. Those stuck sheltering in place at home are lucky, in many cases, compared to those who found themselves abroad and out of luck to return home. Canada has put in place Emergency Loan Programs to get home, for those impacted. If you are somewhere with substandard […]
Home in Peel Affordable Ownership Program
Do you have a low income but want to buy a home in Peel? This generous program will help you with the down payment! Amount: $20,000 of down payment assistance Who is Eligible: Low income households Description: The Home in Peel Affordable Ownership Program is designed to provide moderate income income residents who are currently […]
County of Simcoe Homeownership Program
If your household qualifies as low income, you can get a forgivable loan through the Simcoe County Homeownership Program. Amount: 10% down payment assistance Who is Eligible: Low-to-moderate income renter households Description: The Homeownership Program aims to assist low-to-moderate income renter households, in Simcoe County, to purchase an affordable home by providing 10% down payment […]
Equity Building Program
Amount: 5% of the purchase price Who is Eligible: Low income households Description: The Equity Building Program assists households with incomes up to $84,000 with the purchase of an entry-level home. Eligible households receive a down payment loan for up to 5% of the purchase price of a home in any city neighbourhood. The […]
Mortgage Flexibilities Support Program
Amount: 5% down payment grant Who is Eligible: Low income households Description: To increase affordable home ownership opportunities in Saskatoon, the Mortgage Flexibilities Support Program was created by The City of Saskatoon, Canada Mortgage and Housing Corporation (CMHC) and the Saskatchewan Housing Corporation (SHC). Only homes in designated projects qualify for this program. Private […]
