Affordable Home Ownership

Additional Units Program

You could be eligible to receive up to $25,000 in the form of a 15-year interest free, forgivable loan to create an additional unit in your home. The Additional Units Program is intended to increase the supply of affordable rental housing for low-income households in the District of Parry Sound

Ontario Renovates Program

The Ontario Renovates Program provides forgivable loan assistance to low and moderate income households to assist them in performing eligible major repairs, renovations and accessibility modifications to their homes. This program exclusively serves homeowners.

What is Affordable Housing?

In Canada, housing is considered affordable if it costs less than 30% of a household’s before-tax income. While many people think “affordable housing” only means government-subsidized rentals, the term is much broader.

Affordable housing can be provided by the private, public, or non-profit sectors and covers all types of housing tenure, including:

Rental housing
Home ownership
Co-operative housing
Temporary and permanent housing

Affordable Housing in Our District

We are committed to making housing more accessible across the District of Parry Sound. Affordable housing units are available in a number of communities, including:

Parry Sound
Seguin
Callander
Powassan
Trout Creek
Burks Falls

Who is Eligible?

You may be eligible for affordable housing if your household income falls below the maximum monthly income limits. Some housing providers may also have additional eligibility requirements or mandates, such as:

Minimum age requirements
Household type (e.g., singles, families, or seniors)

If you think you may qualify, we encourage you to explore available options and learn more about applying.

Housing continuum from homelessness to market housing

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