Down Payment Assistance Program

The Down Payment Assistance Program is designed to provide first-time home purchasers in The Town of The Blue Mountains with an interest free loan of up to 5% of the purchase price, to assist them in purchasing their own home. The program assists eligible applicants in the purchase of a home that does not exceed the purchase price of $400,000.  

Program funds are available as of January 1 annually, until funds are exhausted.

Grey County Funding

Grey County administers a separate down payment assistance program called Investment in Affordable Housing Homeownership Program which is also available to eligible first-time home purchasers in Grey County in which The Town of The Blue Mountains is located. Please note that the two programs cannot be both used for down payment assistance.

See more information on Investment in Affordable Housing Homeownership Program