Tuesday, October 9, 2012

There's Help For You For That 10% Down Payment.

10% DOWN PAYMENT ASSISTANCE NOW AVAILABLE!

The County of Simcoe has received Federal/Provincial funding under the Investment in Affordable Housing for Ontario Program to provide 10% down payment assistance to low-to-moderate income households in Simcoe County.   ( More )

To be eligible, applicants must currently be renters, at least 18 years old, have a gross household income at or below $82,600, cannot own or have an interest in a house/land and must have access to mortgage funding. The current maximum purchase price under the program is $291,814.

Further information is available on the County of Simcoe website at www.simcoe.ca.  Follow links for Residents/Social Housing/Homeownership Program or by calling Cindy Haché at (705) 725-7215 x1119 or cindy.hache@simcoe.ca.

Funding must be committed by December 31
st this year, and applications are processed on a first come first served basis. If you have clients who you think may be able to benefit from this program, please encourage them to apply.

Applicants do not have to be first-time home buyers.


(UPDATE:  FUNDING FOR 2012 IS NO LONGER AVAILABLE)


Limited funding is available for 2013 and 2014 as well.

No comments:

Post a Comment