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City of Barrie Affordable Homeownership Forgivable Loan Program
Forgivable loans help eligible buyers access affordable homeownership opportunities in Barrie.
About this program
The City of Barrie Affordable Homeownership Forgivable Loan Program supports eligible purchasers by providing down-payment assistance or similar homeownership support under Barrie's Housing Community Improvement Plan framework. The program is intended to improve access to affordable ownership housing while maintaining affordability conditions through City agreement terms.
Eligibility
Eligible applicants are homebuyers or housing proponents who meet the City's affordable homeownership program criteria for qualifying Barrie housing units.
Requirements
- Applicant or project must meet City affordable homeownership eligibility criteria.
- Home must be located in Barrie and qualify under the program.
- Applicant must complete the required application and documentation process.