Home In Peel Affordable Ownership Program


The Region of Peel’s Home in Peel Affordable Ownership Program is designed to provide low-to-moderate income residents who are currently renting a unit with the opportunity to qualify for down payment loan assistance (maximum $15,000)

This program will assist eligible applicants who have a total gross (pre-tax) household income of $80,000 or less to purchase a home in the Region of Peel (Brampton, Caledon or Mississauga) that does not exceed a purchase price of $280,000. The properties that are eligible for the program include
detached, semi-detached, townhouses, condo apartments and condo townhouses.

Interested applicants must complete the application form and provide all supporting documentation and return it to the Region of Peel.

Participants are selected on a first-come, first-serve basis as Funds are limited! Once an application is received, a letter confirming eligibility will be sent within 15 business days.


•Applicants must be 18 years of age or older
•Applicants must not own or have an interest in another residential property in Canada or elsewhere
•The home must be the sole and principal residence of the purchaser
•The applicant must currently be renting and looking to buy a sole and principal residence
•The applicant must have a total gross (pre-tax) household income not exceeding $80,000
•The applicant must be able to obtain a mortgage pre-approval from a Canada Mortgage and Housing Corporation (CMHC) approved and insured lender and must submit it with their application

Repaying the Loan:

The down payment loan is for a 20-year period and no interest is charged if:

•The home remains the sole and principal residence of the owner.  The home is not to be rented, leased or sold in the 20-year period.
•On the 20th anniversary date of the agreement, the loan is automatically forgiven provided there has been no default.
If during 20 year affordability period, the property is resold, transferred, or otherwise disposed, and an appreciation in value Other Costs Involve...

The purchaser is expected to pay the following:
•Closing costs
•Inspection of the home prior to firm offer of purchase and sale
•Lawyer’s fees
•Land Transfer Tax

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Pritpal Sodhi

Pritpal Sodhi

Sales Representative
CENTURY 21 President Realty Inc., Brokerage*
Contact Me