Affordable Home Ownership Program

The Affordable Homeownership Loan Program provides qualified low to moderate income households with down payment assistance loans of up to 5% of the purchase price of a home.

Who can apply?

To be eligible, applicants must:

• Be a current renter
• Qualify for a mortgage
• Be using the home as their principal residence
• Have legal status in Canada
• Be 18+ years old
• Meet household income limits (HILS) as outlined in the Application Overview

Stay within the maximum purchase price of a house which is outlined in the Application Overview.

Apply to Affordable Home Ownership Program

1.        Review the Application Overview Instructions and Appendixes

2.        Complete the Homeownership Application and Homeownership Bank Verification of Income and Assets

3.        Submit to Social Services Department in any of the following ways:

In Person:

City Hall Annex Building

82 Erie Street, Stratford

First Floor Reception

By Mail:

City Hall Annex Building

82 Erie Street

Stratford, ON

N5A 2M4

By Email: Social Service Finance Department

By Fax: 519-273-7191

Please call 519-271-3773 or 1-800-669-2948 for more information.

Applications can be submitted at any time and will be reviewed Applications will be reviewed, and qualification determined on an as submitted basis.  Qualification for the program does not guarantee allocation of funding to the application. Preference will be given chronologically to complete and eligible applications.