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.