NOTE: The 2015-16 Down payment Assistance Program (DAP) is now closed. Applications postmarked after December 9, 2015, will not be accepted, as funding has been fully committed.
Who is eligible?
Applicants for the Newfoundland Labrador Down payment Assistance Program must be first-time home buyers from any region of the province who meet the DAP requirements and all other criteria for approval from a financial institution.
Manitoba Home Buyer Down Payment Assistance Program is a $104.5 million, three-year fund to increase the supply of affordable housing in Manitoba through:
• support for the new rental housing, housing
co-operatives and home ownership
• down payment assistance to home buyers
• rent supplements
• renovation options for northern
remote communities
A home ownership Loan program to help 15 Peterborough renters afford a down payment run jointly by the Province and federal government is expected to help 15 Peterborough families purchase a home in 2015.
Loan program to help 15 Peterborough renters afford a down payment is available to people who are renting and have a total household income of up to $69,800.00 The household must purchase a house for $254,000 or less, and must be pre-approved for a mortgage to qualify for the $12,000 loan.
Government Programs for First Time Home Buyers can assist Canadians to acquire their dream home.Timing, search and your knowledge can save you lot of money by utilizing Government Programs for First Time Home Buyers.