Brockville, Prescott Down Payment Assistance Program

[Navtaj Chandhoke]

Brockville, Prescott Down Payment Assistance Program

The purpose of the Homeownership Component of the Investment in Affordable Housing for Ontario (IAH) is to provide down payment assistance in the form of a forgivable loan to eligible individuals and families for the purchase of a home. The home must be the sole and principal residence of the approved purchaser(s), and be located within the United Counties of Leeds and Grenville, the City of Brockville, the Town of Prescott or the Town of Gananoque.

Program Rules

Eligible Homes Considered

Household Eligibility

City of Brockville, Town of Prescott, or Town of Gananoque.

Application Process

? Only complete applications will be considered and eligibility determined on a first come basis.

? An application must have all information entered, and all supporting information and documentation provided to be considered complete.

? Upon determination of eligibility, the approved applicant will receive an initial commitment letter which can be presented to a financial institution.

? Upon the receipt of a fully completed Agreement of Purchase and Sale, eligible applicants will receive a final commitment letter specifying the exact amount of down payment assistance to be provided for the home being purchased.

? Final approvals are subject to funding availability.

? To request an application package or for more information call (613) 342-3840 extension 2122 or 1-800-267-8146.

Applications are available from:

The United Counties of Leeds and Grenville

Human Services Division

25 Central Avenue West, Suite 200

Brockville, ON K6V 4N6

Telephone: 613-342-3840 ext. 2401

Toll Free: 1-800-267-8146

http://www.leedsgrenville.com

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