Home Ownership Program graphicThe Home Ownership Program helps bring the dream of owning your own home within reach.

The program provides financial assistance to qualified low-to-moderate income households. Funding is limited and is available on a first come, first served basis, in the form of a 20-year interest-free loan registered on title and up to 5% of the purchase price of the home.

The Affordable Home Ownership Program is being delivered by Oxford County on behalf of both the federal and provincial governments.

If you are interested in applying, please review the eligibility criteria contained in the Home Ownership Program Guideline (not accessible).

Eligibility "self-check" list for a down payment loan

The following list provides a quick overview of the eligibility criteria for the Home Ownership Program, as contained in the Fact Sheet. Before starting an application, please ensure you meet the following criteria:

  • You are 18 years old or older
  • Your total household income before deductions is less than $117,000 a year (median income for Oxford County before tax deductions);
  • You are currently renting in Oxford County (rental receipt must be provided)
  • You do not owe rent arrears, housing charges or damages to any other social housing program
  • Your total household assets are below $40,000
  • No household member owns a property or has interest in (partial ownership of) a property
  • You are able to pay all closing costs and home inspection fee (if resale home)
  • You qualify for a mortgage
  • You are a legal resident of Canada
  • You agree to have this home as your one and only residence (you cannot transfer or lease it to someone else)
  • You are purchasing a home with a value of less than $425,000
 Submit your application

If you meet all of the eligibility criteria, please complete the application form and submit it to our office along with ALL of the required supporting documents.

Guideline: Oxford County Home Ownership Program (not accessible)

Home Ownership Application Form (not accessible)

Appendix A - Household income and assets

Appendix B - Bank verification form


Mail or bring your application forms to:

Oxford County - Human Services
21 Reeve Street, P.O. Box 1614
Woodstock, Ontario  N4S 7Y3

CMHC Debt Service Calculator

Learn how much you can afford to pay for a mortgage using the Debt Service Calculator.  This CHMC (Canada Housing & Mortgage Corporation) calculator will help you compare the level of your monthly debt and housing expense payments to your gross monthly household income. 


Your Mortgage Professional will perform this assessment when qualifying you for a mortgage.

 CMHC Affordability Calculator

Want to learn how much you can afford to spend on a house or your monthly rent? Use CHMC's (Canada Housing & Mortgage Corporation) affordability calculator.


Questions about the Home Ownership Program? Please contact Human Services at humanservices@oxfordcounty.ca or 519-539-9800.