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Wellington Affordable Homeownership Down Payment Loan Fund
Interest-free down payment support for homebuyers
Last Update: April 27, 2026
Funding available
$ 40,000
Timeline
- Receipt of requests is now closed
Location
Guelph, Ontario, Canada
Overview
This program offers an interest-free loan to help eligible households buy a home in Wellington County or the City of Guelph. It supports down payments for eligible home purchases, with assistance up to 10% of the purchase price and a maximum of $40,000.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
Eligible Funding
- Maximum amount : 40,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Real estate and rental and leasing
Location
- Guelph
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchase of a home with down payment assistance.
Eligibility
Who is eligible?
- Households seeking to buy a home.
Who is not eligible
- Applicants who already have a vested interest in a property.
Eligible expenses
- Down payment for the purchase of an eligible home.
Eligible geographic areas
- County of Wellington
- City of Guelph
Processing and Agreement
- Applications are reviewed on a first-come, first-served basis.
- Funding is provided as available to complete applications.
- The loan is secured on title as a second mortgage.
Additional information
- The loan is interest-free.
- It is registered on title as a second mortgage.
- The loan is forgiven after 20 years if the home remains the owner's primary residence.
- Applications are processed on a first-come, first-served basis as funds become available.
Contacts
Frequently Asked Questions about the Wellington Affordable Homeownership Down Payment Loan Fund Program
Here are answers to the most common questions about the Wellington Affordable Homeownership Down Payment Loan Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Wellington Affordable Homeownership Down Payment Loan Fund?
This program offers an interest-free loan to help eligible households buy a home in Wellington County or the City of Guelph. It supports down payments for eligible home purchases, with assistance up to 10% of the purchase price and a maximum of $40,000.
How much funding can be received?
Wellington Affordable Homeownership Down Payment Loan Fund Funds up to $40,000 of admissible expenses.
Who is eligible for the Wellington Affordable Homeownership Down Payment Loan Fund program?
To be eligible for the Wellington Affordable Homeownership Down Payment Loan Fund program, you must:
Low-income households
Renters without property interest
Primary residence purchase
What expenses are eligible under Wellington Affordable Homeownership Down Payment Loan Fund?
Purchase of a home with down payment assistance.
Who can I contact for more information about the Wellington Affordable Homeownership Down Payment Loan Fund?
You can contact County of Wellington by email at rubinam@wellington.ca or by phone at 519.824.7822 x 4710.
Where is the Wellington Affordable Homeownership Down Payment Loan Fund available?
The Wellington Affordable Homeownership Down Payment Loan Fund program is available the province of Ontario.
Is the Wellington Affordable Homeownership Down Payment Loan Fund a grant, loan, or tax credit?
Wellington Affordable Homeownership Down Payment Loan Fund is a Loans and Capital investments