The United Counties of Leeds and Grenville is well known for the administration and funding of programs that assist renters with rent-geared-to-income, affordable rental housing, and housing allowances. We also administer programs geared towards home owners with funding through the Investment in Affordable Housing Program (MMAH).
Below is a description of these programs. Please share this information with clients or individuals you know who may be interested in purchasing a home or own a home in need of repairs.
Home Ownership:
This program assists individuals and families by providing a maximum down payment of 5 percent of the purchase price of a home, with a maximum purchase price of $250,000.
The down payment is a forgivable loan. The program requires that the home must be a new build construction or resale home and be the sole and principal residence of the approved homeowner. The applicant must be a current renter within Leeds Grenville, be a first-time homebuyer, have a gross household income of $84,000 or less, access to mortgage financing, and assets of $20,000 or less.
Ontario Renovates:
This program assist low-income homeowners by way of a forgivable loan to repair their home and/or increasing accessibility through modifications and adaptations. Repairs could include ramps, handrails, bath lifts, height adjustments to countertops, heating systems, foundations, roofs, septic systems, well water, electrical and plumbing upgrades. The applicant must own a home within Leeds Grenville valued at $200,000 or less, have a gross household income of $55,000 or less, and assets of $20,000 or less.
Housing Allowance:
This program provides a monthly housing subsidy directly to eligible renters to assist in maintain their rental accommodations within Leeds Grenville. Applicants are subject to income limits, occupancy standards, and must be within the average market rents as prescribed by the Ministry of Municipal Affairs and Housing.
All applications are accepted on a first-come, first-approved basis, subject to funding availability. For more information on these programs please visit our website at:
www.leedsgrenville.com/en/live/housing/InvestmentAffordableHousing.asp or call (613 342-3840 or (800) 267-8146 ext. 2401.
