The County of Simcoe Affordable Homeownership Program

The Affordable Home-ownership Program aims to assist low-to-moderate income renter households, in Simcoe County, to purchase an affordable home by providing 10% down payment assistance in the form of a forgivable loan.

Down payment assistance is 10% of the purchase price (Up to a maximum of $50,000.00)

Eligible Homes Considered

  • Homes must be located in Simcoe County.
  • Purchase price must be at or below $712,300.00.
  • more

Minimum Household Eligibility

  • Must be a current resident of Simcoe County, including the cities of Barrie and Orillia.
  • Must provide proof of mortgage pre-approval.
  • 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
  • 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

Learn More

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