SIMCOE, ON – SEPTEMBER 17th, 2018 – Haldimand-Norfolk Housing Services would like to remind the community that the Home Ownership Program remains open with funds available for qualified applicants.
Available to residents of Haldimand and Norfolk, the Home Ownership Program provides down payment assistance to qualified low-to-moderate income households wishing to purchase a home. Funding is provided in the form of a 20-year interest-free loan registered on title and up to 10% of the purchase price of the home.
To qualify for the program, applicants must:
- Be renting
- Be at least 18 years old
- Have a combined gross household income of $82,800.00 or less
- The applicant household must be eligible for a mortgage
- The purchase price of the home must not exceed $372,730.00 (maximum purchase price is updated on a quarterly basis)
- A home inspection is required for resale homes
The home must be the sole and principle residence of the approved purchaser(s) and be located within Haldimand or Norfolk counties.
Download the application and return the completed application form along with the requested supporting documentation to Housing Services. http://hnhousing.org/affordable-housing/homeownership-program
For more information on this program, please contact the Housing Resource Coordinator, at 519.426.6170 or 905.318.6623 Ext. 3235.