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Home Ownership Program

Now accepting applications (March 24, 2017).

The dream of owning your own home is not out of reach, thanks to the Home Ownership Program.

The program provides financial assistance to qualified low-to-moderate income households. Funding is limited and is available on a first come, first served basis, in the form of a 20-year interest-free loan registered on title and up to 5% of the purchase price of the home.

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

If you are interested in applying please complete the application form

and submit to our office. Be sure to review the “self-check” list below before submitting your application.

Down payment loan eligibility "self-check" list

This list is a quick overview of the eligibility criteria for the down payment loan program. Before starting an application, please take a minute to ensure you meet the following criteria:

  • You are 18 years old or older
  • Your total household income before deductions is less than $56,250 a year
  • You are currently renting (rental receipt must be provided)
  • You do not owe arrears, housing charges or damages to any other social housing program
  • Your total household assets are below $20,000
  • No household member owns a property or has interest in a property
  • You are able to pay all closing costs and home inspection fee (if resale home)
  • You qualify for a mortgage

If you meet all of these qualifications, please complete the application form and submit it, with copies of the required documents, to our office.

  Home Ownership application package

by mailApplications can be mailed to:
Jamie Stephens
Manager of Housing Development
Oxford County - Human Services
21 Reeve Street, P.O. Box 1614
Woodstock, Ontario N4S 7Y3