Home Ownership Program

City of Kingston – County of Frontenac Home Ownership Program 2022 Program Guidelines

“Providing down payment assistance in the form of a forgivable loan“.  Amazing opportunity for potential buyers currently renting and struggling to save enough for their downpayment? Have your buyers contact me for details.

Summary Highlights

1. $440,000 purchase maximum
2. Loan amount equals 10% of the purchase price. 20-year interest-free forgivable loan
3. Buyer(s) must be currently renting within the City of Kingston or the County of Frontenac
4. $91,00 maximum total household (adults only) annual income
5. No co-signers allowed on the mortgage
6. Purchase property must be within the City of Kingston or the County of Frontenac
7. Must be single residential units. Detached, semi-detached, condominiums, limited equity co-operatives, or row houses.
   1. No mobile homes,
   2. No dupexes, triplexes, fourplexes etc..

 

For more please go to the City of Kingston home ownership website.

Download:

• Complete program guidelines
• Program application