Down Payment Assistance Programs

Down payment assistance, grants, and rebates

These programs are designed to help home buyers purchase new or resold homes. They provide down payment assistance and/or renovation grants for suites, etc. Some of these programs can be used together to increase the affordability of a home for first time buyers. Please note that the municipal and county programs have many applicants each year and funding may not be available when you’re ready to purchase.

• First Time Home Buyer Program (Gov’t of Canada)
• Home Buyer Tax Credit (Gov’t of Canada)
• Home Buyers’ Plan (RRSP)
• GST New Construction Rebate (Gov’t of Canada)
• Canada Greener Homes (Gov’t of Canada)
• Grey County’s Investment in Affordable Housing Homeownership Program
• Town of Blue Mountains Down Payment Assistance Program
• Simcoe County Affordable Ownership Program

Contact our office for more information on becoming a home owner.

Secondary suites grant program

This program is offered by the Town of Blue Mountains to assist local homeowners with the costs to create a secondary rental suite in their primary residence. A maximum of 10% of the renovation cost is allowed to a maximum of $5000. Here are some of the terms and conditions:

• Applicant must be 18 years of age or older
• Property must be in the Town of The Blue Mountains
• Property taxes must be up-to-date
• Creation of the secondary suite must comply with all municipal/building regulations
• Applicant must be the owner of a single detached, semi-detached or townhouse dwelling on serviced property, or a detached building accessory to any of these dwelling types
• For an applicant on a rural property, an accessory apartment is permitted within a detached structure or accessory detached building

To apply, visit The Blue Mountains Attainable Housing Corporation website.

Questions? Please feel welcome to contact me any time. I have experience with these programs and would like to help you find your first home.