home ownership program: Affordable Housing in London Ontario - 06/15/10 08:17 AM
The Affordable Home Ownership Program is a partnership between the Government of Canada, the Province of Ontario and the City of London through the Canada-Ontario Affordable Housing Program (AHP) which will create the opportunity to purchase Affordable Home Ownership units in the City of London and in Middlesex County.
Qualifying home buyers can:
receive down payment assistance of 5% of the cost of the home under the program. The down payment assistance will be provided to eligible purchasers at the time of closing of the purchase and sale of the home. Qualifying home buyers can also receive another 3% of the … (6 comments)

home ownership program: Downpayment & Closing Cost Assistance in London Ontario - 06/09/10 06:17 AM
Home Ownership Assistance Program
Good news for London's low-to-moderate income earners! This year, the City of London offers again the Affordable Homeownership Assistance Program. This successful program consists of an interest free loan for qualifying home buyers to assist with downpayment and closing costs.To be eligible, households must have a gross household income of $55,000 or less, and must be approved for a mortgage at a recognized financial institution. The selling price of the home must be no higher than $140,000. New this year is an increase to the closing cost assistance, which has been raised to 3% from 1%.The Homeownership Assistance … (3 comments)