The City of Lloydminster has issued an extension for the Community Housing Initiative Program (CHIP) applications.
A release sent out Monday, May 2nd, states that due to extenuating circumstances, the City would be reopening the call for applications until May 16th.
Those interested can pick up applications at the City’s Community Services Office, located on the 2nd floor of the RCMP Detachment, or access it online.
Successful applicants must be at least 18 years of age, currently renting in Lloydminster, have no existing mortgage, and make less than $74,000Â annually
The City states that prior to taking possession, CHIP applicants are required to provide proof of mortgage approval as well as a down payment of $3,000, but the remaining balance of the down payment will be provided through community partners. Then the applicant must complete a home-ownership training program.
A committee will review each application for financial need, community involvement, and individual barriers to home ownership.
The 2015/16 CHIP program is funded through partnerships between the City of Lloydminster, Government of Saskatchewan, and local businesses. More information on the community partners is available at www.lloydminster.ca/CHIP
Or contact Patrick Lancaster, General Manager, Cultural and Social Services by email at: [email protected] /by phone: 780-874-3710 ext 2909.
