- Minimum age of 18 years with a gross household income below $62,600
- Total assets of the household can not exceed $20,000.
- Be a renter household in the County of Simcoe.
- Purchase a sole and principal residence within the County of Simcoe.
- Cannot own or have an interest in a house or land.
- Be able to secure financing on the property.
- Must not owe any social housing provider arrears.
- Complete a homeownership application and provide all necessary documentation.
Monday, February 23, 2009
Who is can apply for Ontario Affordable Housing Program?
To be eligible for the down payment assistance, the prospective purchaser must meet the following minimum criteria:
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