2013 Homeownership Program 10% Down Payment Assistance – Round 2
Investment in Affordable Housing Program
The Federal and Provincial governments partnered to fund a Homeownership Downpayment Assistance Program for Windsor and Essex County in 2013. It is estimated a second round of the program can provide assistance for a limited number of households. Down payment assistance of 10% of the purchase price of an eligible home, up to a maximum of $17,300 is provided by a 20-year forgivable loan registered on title as a second mortgage. Completed applications will be generally processed on a first come, first serve basis having regard to a fair distribution of the program funds across Windsor and Essex County. The program expires December 10, 2013, or when program funds are depleted, whichever occurs first.
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