County of Brant Homeownership Program

This program is not available at the moment

In partnership with the Government of Canada, the Province of Ontario, the City of Brantford and the County of Brant, the B-Home Program has been developed to assist low to moderate income earners realize the dream of owning their first home.

The purpose of the B-home Homeownership Program is to:

  • Make first time home ownership a reality for low to moderate income households in Brantford/Brant
  • Ease the demand for rental housing by assisting renter households to buy affordable houses
  • Offer down payment assistance for homebuyers through a 5% forgivable loan to a maximum of $17,500

Eligibility of Applicants:

  • Must be 18-years or older.
  • Must be a first time home buyer.
  • Not own or have an interest in other residential properties or owe arrears/damages to another housing program.
  • Must be currently renting in Brantford or Brant County, and also looking to purchase a home within Brantford or Brant County.
  • Household income before deductions less than $88,400* and assets must not exceed $30,000.
  • more

Eligibility of the property:

  • New units including conversions from non residential.
  • Resale homes, home inspection must be undertaken and paid for by the purchaser.
  • Purchase price cannot exceed 345,000
  • more

Conditions for Repayment

  • No repayment of the loan if home is sold after 20 years.
  • If the home is sold before 20 year period expires, you must repay the original loan plus
    5% of the capital appreciation
  • more

How to Apply

  • Mortgage Pre-Approval – Please contact a mortgage broker, trust company, credit
    union, bank or other qualified lender of your choice to apply for a no cost mortgage
    pre-approval.
  • more

Complete your mortgage assessment