Funding to Help Buy a Home

The Affordable Home Ownership program helps renters become homeowners. The program provides eligible home buyers with a five per cent loan for a down payment.

Who is eligible

To qualify, you must:

  • Be buying a home in Waterloo Region for $600,000 or less (as of April 24, 2024)
  • Have a household income of up to $109,000 
  • Be at least 18 years old and renting
  • Have resided in Waterloo Region for at least the last year

Please see the Affordable Home Ownership Fact Sheet for more on the requirements and the type of home you can buy. If you qualify, you will have 90 days to buy a home.

Call 519-575-4400 or email the Affordable Home Ownership program if you have questions.

How to apply

To apply, complete the Affordable Home Ownership application form and fax to 519-575-4026, email, mail, or drop the form off at one of the following Regional offices:

  • 20 Weber St. E., Kitchener, ON N2H 1C3
  • 150 Main St., Cambridge, ON N1R 6R1
  • 99 Regina St. S., Waterloo, ON N2J 4V3

This program is funded by the federal and provincial governments through the Investment in Affordable Housing (IAH) Program.

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