Down Payment Assistance Program

The Down Payment Assistance Program (DPAP) assists Nova Scotians with modest incomes who pre-qualify for an insured mortgage to purchase their first home. Eligible participants can apply to receive an interest-free repayable loan of up to five per cent of the purchase price of a home.

  • The pilot program starts on May 1, 2017 and loans will be advanced between May 1, 2017 and March 31, 2018.
  • The program will help between 100 and 125 households based on Federal and Provincial funding of $1.30 million.
  • The program is based on a first come, first served basis. Unused monies in any area may be redistributed if take up is not on target in any of the four regions.
  • $250,000 is available through federal-provincial cost-matched funding of the Social Infrastructure Fund to cover interest costs and carrying charges. The province is also making available $1.05 million in funds that will be loaned to program participants.
  • Applications will be available at Housing Nova Scotia’s regional offices or online at https://housing.novascotia.ca/downpayment on May 1

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Telephone: 902-224-2055
Toll Free: 877-477-7724
Fax: 902-224-3510