Closed
Homeownership assistance program
Repayable homeownership loans for eligible households
Last Update: April 27, 2026
Funding available
$ 75,000
Timeline
- Receipt of requests is now closed
Location
New Brunswick, Canada
Overview
The program provides repayable loans to help households buy or build a home in New Brunswick. It supports home purchases, new home construction, and modest repairs, with special interest terms for lower-income households.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 75,000 $
- Up to 40% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- New Brunswick
Legal structures
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Buying a home
- Building a home
Documents Needed
- Proof of household income
- Proof of private financing for a new build
- Documents required by your financial institution
Official resources
Eligibility
Who is eligible?
- Families
- Individuals
- First-time homebuyers
- Households living in substandard housing
Who is not eligible
- Households with income of $40,000 or more
- Owners of mini homes more than 15 years old
- Applicants for dwellings that can generate income
Eligible expenses
- Home purchase costs
- Closing costs
- Modest repairs
- New home construction costs
Eligible geographic areas
- New Brunswick
Selection criteria
- Household income level
- First-time homeownership or substandard housing status
- Ability to meet lending and debt service requirements
- For new construction, proof of private financing
How to apply
- Step 1: Contact Housing NB
- Call 1-833-733-7835 for more information or to apply.
- Step 2: Provide required information
- Share the details needed to assess your eligibility and application.
- Step 3: Submit your application
- Apply by phone through Housing NB.
Processing and Agreement
- Contact Housing NB to ask questions or apply
- Application is reviewed against program requirements
- Approved loans are issued under program terms
Contacts
Frequently Asked Questions about the Homeownership assistance program Program
What is the Homeownership assistance program?
The program provides repayable loans to help households buy or build a home in New Brunswick. It supports home purchases, new home construction, and modest repairs, with special interest terms for lower-income households.
How much funding can be received?
Homeownership assistance program Funds up to 40% of admissible expenses, capped at $75,000 per project.
Who is eligible for the Homeownership assistance program program?
To be eligible for the Homeownership assistance program program, you must:
Household income below $40,000
First-time homebuyer or substandard housing
Must meet lending requirements
Who can I contact for more information about the Homeownership assistance program?
You can contact Government of New Brunswick by email at hnb.info@gnb.ca or by phone at 1-833-733-7835.
Where is the Homeownership assistance program available?
The Homeownership assistance program program is available the province of New Brunswick.
Is the Homeownership assistance program a grant, loan, or tax credit?
Homeownership assistance program is a Loans and Capital investments
Who are the financial supporters of the Homeownership assistance program?
Homeownership assistance program is funded by Government of New Brunswick