Sarnia, ON - The County of Lambton is continuing to accept applications for the Lambton Renovates and Homeownership Down-Payment Assistance programs.
"Both the Lambton Renovates and Homeownership Down-Payment Assistance programs offer a unique funding opportunity to eligible Lambton County residents," says Mackenzie Kada, Project Coordinator. "The Lambton Renovates program provides one-time financial assistance for home repairs, and the Homeownership Down-Payment program offers one-time financial assistance in the form of a 20-year forgivable loan for a 10% down payment to be used towards the purchase of a new or resale home."
Applications can be downloaded at lambtononline.ca/lambtonrenovates and lambtononline.ca/homeownership. Interested applicants can also call the Housing Services Department at 519-344-2062 to request a paper application by mail.
The Lambton Renovates program offers financial assistance to eligible households in one of two ways:
- One-time assistance in the form of a 10-year forgivable loan, secured by registration on title, for home repairs to a maximum of $20,000 per household.
- One-time assistance in the form of a grant, which does not require repayment, for accessibility improvements to a maximum of $5,000 per household.
Eligible repairs under the Lambton Renovates program may include major repairs and rehabilitation required to make your home safe while improving energy efficiency, or modifications to increase accessibility.
The Homeownership Down Payment Assistance program offers financial assistance to eligible households living in rental accommodations. The program offers one-time assistance in the form of a 20-year forgivable loan, secured by registration on title, for a 10% down payment to be used towards the purchase of an affordable new or resale home.
Applicants for these programs must meet a number of qualifications related to residency, income, asset level and home value, which can be found online at lambtononline.ca/lambtonrenovates and lambtononline.ca/homeownership.
Applicants are asked to review the Lambton Renovates Information Sheet and the Homeownership Down Payment Assistance Information Sheet prior to completing an application.
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Please contact:
Mackenzie Kada
Project Coordinator
County of Lambton
519-344-2062 ext. 2165
Email Mackenzie Kada