Buyer Resources

Programs For Home Buyers

Region of Waterloo Affordable Home Ownership Program

The Affordable Home Ownership component of the Canada-Ontario Affordable Housing Program is
delivered by the Region of Waterloo on behalf of the Federal and Provincial governments.

The program provides qualified low to moderate-income households with down payment assistance

loans of 5% of the purchase price of an eligible home (current maximum purchase price is $506,000).

Households must apply to participate in the program, and, if eligible, will be placed on the Affordable
Home Ownership (AHO) Waiting List. As funds become available, eligible households will be
contacted by mail and provided with a Conditional Letter of Commitment.

Recipients of the loan can purchase a new or resale home that is located in Waterloo Region that has
a maximum purchase price of $506,000.
Affordable Home Ownership Fact Sheet - Region of Waterloo
Affordable Home Ownership Application Form - Region of Waterloo

Home Buyers' Plan (HBP)

The Home Buyers' Plan (HBP) is a program that allows you to withdraw up to $35,000 in a calendar year from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a disability.
More info

Land Transfer Tax Refunds for First-Time Home Buyers

When you buy land or an interest in land in Ontario, you pay land transfer tax. First-time homebuyers of an eligible home may be eligible for a refund of all or part of the tax.
More info

GST/HST New Housing Rebate

You may qualify for a rebate of part of the GST or HST that you paid on the purchase price or cost of building your new house, on the cost of substantially renovating or building a major addition onto your existing house, or on converting a non-residential property into a house.
More info