EXCITING INFORMATION FOR RENTERS/1st TIME HOMEBUYERS!!

Households that are currently renting in the City of Kingston and who do not have any vested interest in any real estate may apply to the program for down payment assistance equal to 5% of the purchase price to a maximum of $13,000. If you have a household income of less than $74,900 and would like to purchase a home with a maximum price of $260,000 in the City of Kingston, you may be eligible for this program. It is expected that a total of ten to thirteen allocations will be provided in 2013 to enable eligible households to purchase a home. The City of Kingston has committed funds for the creation of a home ownership program to provide down payment assistance to City residents renting and purchasing within the City of Kingston.

Households are encouraged to read the Home Ownership Program Fact Sheet for the complete list of rules and eligibility requirements as well as the APPLICATION which sets out the documentation required. Both are available for download on this website or for pick up at 362 Montreal Street, first floor reception. Or you may call 613-546-2695 ext. 4949 to request that the information be mailed to you.

City of Kingston website link: http://www.cityofkingston.ca/residents/community-services/housing/programs/home-ownership

Canada Mortgage & Housing Corporation

CMHC has provided a a "Step by Step Guide" which you may find useful when looking to purchase a home.