The Affordable Homeownership 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 20-year forgivable loan.

The Program provides renter households with the opportunity to move to homeownership thereby freeing up rental units, encouraging developers to build affordable housing and fostering demand.

A percentage of available funding will be designated for applicants currently living in Social Housing or those who self-identify as Indigenous households.

Alternative Programs

Applicants cannot access multiple programs, carefully consider which program best fits your needs.

• Affordable Homeownership Program, administered by the County of Simcoe
• FIMUR 2014/20 Homeownership Program administered by Ontario Aboriginal Housing Services.

• current resident of Simcoe County, including Barrie and Orillia
• provide proof of mortgage pre-approval
• be a renter household (please note: "Room & Board" and/or living with family does not qualify as "Renter Household" unless you are staying in a separate rental unit within the home that can be rented out upon your departure)
• cannot currently own a home or have any vested interest in a residence/land
• provide proof of gross household income at or below $126,100 (updated periodically)
• provide personal assets, including any gifting amounts from friends or family, savings, GIC's, etc. cannot exceed $50,000. RRSP's of first-time home buyers count towards personal contributions as they can be accessed for home purchases as per Canada Revenue Agency guidelines
• no outstanding arrears if a former/current tenant of Social Housing in Ontario
• at least 18 years of age, Canadian citizen, permanent resident, or have Refugee Claimant status
• supply photo identification and birth certificate or other proof of status in Canada

• Mortgage Pre-Approval - 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.
• Application - complete the County of Simcoe Affordable Homeownership Program Application, download the application here: Homeownership Program
• Attach Required Supporting Documents - review your application carefully to ensure all requested supporting documentation is attached. Applications that are incomplete or missing required documentation will be returned.
• Submit Application - applications can be submitted by email to iah@simcoe.ca.
  For assistance with the Homeownership Program Application or to have an application package mailed to you, call, 705-725-7215 ext 1119 or email iah@simcoe.ca.