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.

As COVID-19 recovery continues, Community Services is re-opening its Welcome Spaces and resuming in-person service. However, things look a little different as we work together to stay healthy. Find out what you should know before you visit.

Who is eligible

To qualify, you must:

  • Be buying a home in Waterloo Region for $506,000 or less (as of December 9, 2021)
  • Have a household income of up to $101,300 
  • 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:

  • 235 King St. E., Kitchener N2G 4N5
  • 150 Main St., Cambridge N1R 6R1
  • 99 Regina St. S., Waterloo N2J 4V3

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

Contact Us