The City of Flin Flon, with support from Manitoba Housing and Renewal Corporation (MHRC), is pleased to introduce the Flin Flon Home Buyer Assistance Program.
The Flin Flon Home Buyer Assistance Program is structured to subsidize the down payment of mortgages, by way of a forgivable loan to be obtained by eligible home buyers. An approved home buyer may choose from one of the following home ownership options under the Flin Flon Home Buyer Assistance Program:
- Option A: To purchase a current detached house or duplex under residential use
- Option B: To purchase and rehabilitate a vacant or derelict building for residential use
Notably, an approved home buyer may benefit from one of the following funding assistance options, varied by the respective home purchase price:
- Tier 1: Home Purchase Price ranges between $100,001 to $200,000
Maximum Down Payment per Approved Application: 8% of Purchase Price
- Tier 2: Home Purchase Price no more than $100,000
Maximum Down Payment per Approved Application: 8% of Purchase Price
Maximum Rehab./Improvement per Approved Application: 8% of Purchase Price
Click here for the full introduction including eligibility criteria
Click here for the application
Please contact the City of Flin Flon at Info@flinflon.ca for questions relating to the Flin Flon Home Buyer Assistance Program.