Prince Edward Lennox & Addington Home Incentive Programme

FUNDING ASSISTANCE

FOR FIRST-TIME HOME BUYERS

Prince Edward - Lennox & Addington Social Services (PELASS) in conjunction

with the Canada-Ontario Affordable Housing Program is offering an exciting home

ownership opportunity. Down payment assistance may be available for up to 5%

of the maximum purchase price of $210,000 for a new or re-sale home.

Residents of the Counties of Lennox & Addington and Prince Edward who are

currently in rental accommodation and hoping to purchase a home may qualify for

the Home Ownership Program. The County is currently accepting Home

Ownership applications in order to confirm local interest in Home Ownership

funding. Program funding is subject to confirmation.

To qualify, applicant(s) must:

  • · be Canadian Citizens, Permanent Residents or Refugee Claimants
  • · be at least 18 years old
  • · currently live in rental accommodation
  • · be eligible for mortgage financing from a major financial institution
  • · have a combined household income at or below the maximum eligible

income limit of $69,000

  • · purchase a home with a maximum house price of $210,000
  • ·

to confirm their interest in applying for funding and obtain an application

form

Eligible applicants will be selected on a first come, first served basis

pending availability of funds.

For more information and to confirm your interest in applying for assistance and

obtain an application form, County residents should contact:

Prince Edward - Lennox & Addington

Housing Corporation

13 Market Square

Napanee, ON K7R 1J4

Phone: (613) 354-5695

1-866-806-9680

Fax: (613) 354-5981

Attention: Nicole Belnap, extension 73

by Friday, October 29, 2010 at 4:00 pm

www.pelass.org

Paul Gentile

Paul Gentile

Broker
CENTURY 21 Lanthorn Real Estate Ltd., Brokerage*
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