Home Ownership Assistance Program (HOAP)

The City’s Home Ownership Assistance Program supports the development of new non-profit affordable and attainable home ownership housing for low to moderate income households.

The Home Ownership Assistance Program provides non-profit and private sector development partners relief from Development Charges, Cash-in-Lieu of Parkland Dedication, Community Benefits Charges, Planning and Building Permit Fees, as well as loan funding and land contributions, where available.

Through the program, the City aims to:

  • Increase the supply of new homes across the housing continuum;
  • Improve housing affordability for lower and middle-income households, and support the growth of complete communities; and
  • Deliver ownership housing in partnership with the federal and provincial governments and the non-profit and private development sectors.

 

HOAP is described in more detail in item PH17.7 – Relaunch of the Home Ownership Assistance Program to Support New Non-Profit Affordable and Attainable Home Ownership Housing, available here:

Agenda Item History – 2024.PH17.7

Eligibility

The Home Ownership Assistance Program includes two streams: a non-profit development stream, and a non-profit/private partnership stream.

The non-profit development stream is for non-profit owned and developed projects.

The non-profit/private partnership stream is for projects whereby a private developer provides a non-profit partner with new homes on a “turn-key” basis to be sold under the terms of the HOAP program.

 Application Process

 The HOAP application package is available from the City of Toronto’s Housing Secretariat and will be provided after an introductory meeting between City staff and the applicants. The application process is designed to ensure the City receives applications in an orderly and efficient manner and that applicants receive fair and equitable treatment in the receipt and evaluation of their applications.

 

Please contact Housing Secretariat staff to arrange for an introductory meeting by emailing:

HOAPToronto@toronto.ca

Emails should providing the address of the development and contact information in the following format:

Subject: (Insert address of the development project) – Home Ownership Assistance Program inquiry

Contact name:

Title:

Telephone number:

Email: