A proposal for the Government of Québec

What if $5,000 was sufficient to buy your first condo in Québec?

A province-wide shared-equity proposal designed to help first-time buyers.

Backed by real estate analysis

Aligned with existing PST mechanics

No provincial guarantee required

01 — The proposal

How it works

Choose your condo

Qualifying new-construction condo projects.

$5,000 deposit payment

Quebec covers the additional 10%

Your required equity. Loan/Credit at 0% interest.

Finance the balance

A bank institution or conventional mortgage

Repay later 10% loan

Prior to 10 years at sale or after 10 years at refinance.

$315,000 loft

$5,000 down. That’s it.

02 — Cost model

This isn’t a subsidy. It’s a repayable, self‑funding loan/credit.

PST paid at construction by developer

PST credit at deed of sale

Buyer credit secured on title

01 · Credit tied to tax already collected

02 · Registered lien, repaid in full

03 · Province shares in appreciation

04 · Conventional bank carries mortgage risk

03 — FAQ

Clear answers to your questions

Understand how the proposed program works, how it compares to existing initiatives, and what it could mean for future homeowners.

Is this a real government program?

No — this is a proposal submitted to the Ministère des Affaires municipales et de l’Habitation (MAMH) and Société d’habitation du Québec (SHQ). This site exists to show the government there is public demand for it.

There isn’t a directly comparable active program to compare AHQ to. The federal government’s own shared-equity loan program — the First-Time Home Buyer Incentive, which offered a 5–10% CMHC shared-equity loan — was discontinued in March 2024, with existing loans remaining in effect but no new applications accepted. What’s replaced it federally is different in kind: mainly savings/tax tools rather than a purchase credit — the FHSA (a tax-advantaged savings account), the RRSP Home Buyers’ Plan, a small Home Buyers’ Tax Credit, and a new First-Time Buyer GST/HST rebate that fully eliminates GST on new homes up to $1 million. None of these put money toward the down payment itself the way AHQ’s 10% credit does — they reduce taxes or let buyers access their own savings, but they don’t close the down-payment gap directly. AHQ is designed specifically to solve that gap: it’s shared equity, applied at time of purchase, sized to the price of the home.

You still repay the original 10% credit, but you never owe more than what you borrowed — you don’t repay a share of a loss.

No, but if you haven’t sold or refinanced by year 10, you’re required to refinance and repay the 10% credit at that point.

New-construction condos from accredited developers, meeting minimum size and maximum price caps (by unit type), and 25% better energy performance than baseline code.

Scalia Properties Inc., a Québec-based real estate developer specializing in multi-family and mixed-use housing.

Won’t AHQ overlap with existing programs? Not really — and this is an important distinction. Québec’s existing GST/QST New Housing Rebate gives new-home buyers back some of the sales tax they paid, but it maxes out at $9,975 and only applies to homes priced under $300,000 — it phases out completely at $300,000 and pays $0 above that. Given today’s prices, most homes eligible for AHQ (which caps out between $315,000 and $700,000 depending on unit type) wouldn’t qualify for that existing rebate at all. AHQ is a separate, much larger 10% purchase credit aimed at exactly the price range the current programs don’t reach.

Answer the 6 questions below. Your answers — anonymized and aggregated by region — will be presented directly to MAMH and SHQ as evidence of public demand.

04 — Tell Us What You Think

Your input will help us discuss your needs with Quebec’s government

We’re building credible, structured demand data. Individual answers stay private; aggregated results may be shared publicly and with government officials.

Demand validation form
If you could buy your first condo with only $5,000 down — repaying the government's assistance only when you sell, refinance, or after 10 years — would you support this program?

Age range
Are you a first-time homebuyer?
Annual household income
Recevoir des communications
Acceptation

Thank you.

Share the campaign with someone else who has been priced out of buying a home.

Facebook
LinkedIn
Email