[et_pb_section fb_built=”1″ next_background_color=”#ffffff” _builder_version=”4.16″ use_background_color_gradient=”on” background_color_gradient_type=”circular” background_color_gradient_direction_radial=”top left” background_color_gradient_stops=”rgba(255,227,208,0.7) 50%|rgba(255,227,208,0.3) 100%” background_color_gradient_overlays_image=”on” background_color_gradient_start=”rgba(255,227,208,0.7)” background_color_gradient_start_position=”50%” background_color_gradient_end=”rgba(255,227,208,0.3)” background_image=”https:\/\/www.mbdc.ca\/wp-content\/uploads\/2020\/06\/StainedGlass.jpg” custom_margin=”||||false” custom_padding=”14vw||4vw||false|false” bottom_divider_style=”curve” bottom_divider_height=”2.5vw” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ custom_margin=”-131px||||false|false” animation_style=”fade” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ text_font=”||||||||” text_font_size=”18px” text_line_height=”2em” header_font=”Montserrat|300|||||||” header_font_size=”50px” header_line_height=”1.4em” text_orientation=”center” max_width=”700px” module_alignment=”center” custom_padding=”0px|||||” header_font_size_tablet=”40px” header_font_size_phone=”32px” header_font_size_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.19.5″ custom_padding=”|50px||0px|false|false” global_colors_info=”{}”][et_pb_row column_structure=”3_4,1_4″ use_custom_gutter=”on” _builder_version=”4.19.4″ width=”100%” max_width=”2560px” max_width_tablet=”2560px” max_width_phone=”2560px” max_width_last_edited=”on|desktop” custom_margin=”|370px||39px||” custom_padding=”|0px||||” global_colors_info=”{}”][et_pb_column type=”3_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_divider show_divider=”off” _builder_version=”4.16″ custom_padding=”||29px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.25.0″ custom_margin=”|40px|12px|||” custom_padding=”||40px|52px||” global_colors_info=”{}”]<\/p>\n
The program provides loans of up to $50,000 to qualifying Canadian Aboriginal people to assist with a down payment to purchase a home off-reserve in the GTA.<\/p>\n
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The Affordable Home Ownership Program is targeted to Aboriginal people who intend to purchase a home in the GTA as their Principal Residence. To be eligible for a Loan under the Affordable Home Ownership Program, Applicants must meet the following minimum criteria:<\/p>\n
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Applicants are required to attend a virtual Home Ownership Information Session hosted by MBDC on Zoom. Virtual Information Sessions are held each month. Please email\u00a0info@mbdc.ca<\/a>\u00a0to register for the session and to receive an AHOP Loan Application.<\/u><\/u><\/span><\/p>\n Verification documents required include proof of Indigenous Identity<\/a>, income verification documents and other supporting documents which apply to your situation (detailed on pg. 6 of the Affordable Home Ownership Program Application Form).<\/u><\/u><\/span><\/p>\n Guidelines are available on our website (www.mbdc.ca<\/a>).<\/span><\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_divider show_divider=”off” _builder_version=”4.16″ custom_margin=”||59px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_divider show_divider=”off” _builder_version=”4.16″ custom_margin=”||2px|||” global_colors_info=”{}”][\/et_pb_divider][et_pb_image src=”https:\/\/www.mbdc.ca\/wp-content\/uploads\/2020\/06\/Ontario-logo.png” title_text=”Ontario logo” _builder_version=”4.16″ width=”100%” custom_margin=”|||-30px||” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.16″ custom_margin=”|||-25px||” global_colors_info=”{}”]<\/p>\n This program is supported by the Province of Ontario.<\/p>\n [\/et_pb_text][et_pb_cta title=”Read the AHOP guidelines” button_url=”https:\/\/www.mbdc.ca\/wp-content\/uploads\/2020\/06\/AHOP-Guidelines_2014-2020.pdf” url_new_window=”on” button_text=”Click Here” _builder_version=”4.22.1″ use_background_color_gradient=”on” background_color_gradient_stops=”#e02b20 0%|#e09900 100%” background_color_gradient_start=”#e02b20″ background_color_gradient_end=”#e09900″ custom_margin=”|||-24px||” link_option_url_new_window=”on” global_colors_info=”{}”][\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ use_custom_gutter=”on” _builder_version=”4.19.4″ _module_preset=”default” max_width=”2560px” custom_margin=”|144px||120px|false|false” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_pricing_tables show_bullet=”off” _builder_version=”4.22.1″ width=”100%” global_colors_info=”{}”][et_pb_pricing_table sum=”Maximum Household Income Level, 2024*” _builder_version=”4.17.3″ price_font_size=”29px” global_colors_info=”{}” sticky_transition=”on”]<\/p>\n City of Toronto: Durham\/Halton\/Peel\/York Regions:\u00a0 *Based on the most recent Statistics Canada Census, indexed to 2020, rounded to the nearest hundred.<\/em><\/p>\n **In areas where the 60th income percentile is greater than the provincial level, the provincial level 60th income percentile is used<\/em><\/p>\n [\/et_pb_pricing_table][et_pb_pricing_table sum=”Maximum House Price Limit*” _builder_version=”4.22.1″ price_font_size=”30px” global_colors_info=”{}” sticky_transition=”on”]<\/p>\n \u00a0City of Toronto \u2014 $1,146,457 *Source: Real Property Solutions House Price Index<\/em><\/p>\n [\/et_pb_pricing_table][\/et_pb_pricing_tables][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.4″ width=”100%” global_colors_info=”{}”]<\/p>\n Register with us to attend by contacting us at info@mbdc.ca<\/a>.<\/p>\n Attend one of the following dates:<\/p>\n
<\/span>Single – $102,000; Two applicants – $125,000<\/span><\/span><\/p>\n
<\/span>Single – $109,000; Two applicants – $132,000<\/span><\/p>\n
Durham Region \u2014 $893,027
Halton Region \u2014 $1,206,338
Peel Region \u2014 $1,052,529
York Region \u2014 $1,271,012<\/p>\nruaryilUpcoming Virtual Homeownership Seminars<\/h2>\n
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