2017 Home ownership Down payment Assistance Program Windsor-Ontario Canada

2017 Home ownership Down payment Assistance Program Windsor-Ontario Canada

Disclaimer:

Details contained herein are for informational purposes only and are not to be relied upon as a comprehensive or precise representation of the program, its terms and conditions, or eligibility rules.

The Federal and Provincial governments partnered to fund a Homeownership Downpayment Assistance Program.

It is expected this round of the program can provide assistance to a limited number of households.
Downpayment assistance of 10% of the purchase price of an eligible home,

up to a maximum of $20,850 is provided by a 20-year forgivable loan
registered on title as a second mortgage.

Applicant eligibility criteria include income and asset limits among other criteria.
For additional information, please refer to the Program Information Sheet and sample Loan Agreement at the links provided below.

The program expires when program funds are depleted or on November 30, 2017, whichever occurs first.

2017 Home ownership Down payment Assistance Program Windsor-Ontario Canada
http://www.citywindsor.ca/residents/housing/pages/homeownership-program.aspx

Learn more about Canadian real estate grants at
www.GovernmentGrantsCanada.ca

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