The program provides qualified low to moderate income households with down payment assistance loans of 5% of the purchase price of an eligible home (current maximum purchase price is $231,000.00).  Potential applicants who buy a home through Habitat for Humanity affiliates are eligible for a down payment assistance loan of up to $50,000.00.

Funding for the program is fully allocated, however, the Region of Waterloo will continue to accept applications on an ongoing basis for the Affordable Home Ownership Waiting List.  As funds become available, eligible households will be contacted by mail and provided with a Conditional Letter of commitment.

Recipients of the loan can purchase a new or resale home that is located in Waterloo Region and has a maximum purchase price of $231,000.00.

ARE YOU ELIGIBLE TO APPLY?   To be eligible to apply, you must:

  • Qualify for a mortgage,
  • Have a maximum household income of $69,500.00,
  • Be at least 18 years old and currently renting,
  • Not owe money to a community housing landlord,
  • Be a legal resident of Canada, and
  • Intend to have this home as your one and only residence

Still have questions?  Speak to Jeff Attwooll, Senior Mortgage Specialist at 519.621.2460 or go to the Region of Waterloo website at:

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Julie D. Martin

Julie D. Martin

Sales Representative
CENTURY 21 Home Realty Inc., Brokerage*
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