Question about first time home buyers grant

[Marek Los]

Hi everyone,

Sorry if the answer is obvious, but I looked around everywhere and I can't seem to find the answer anywhere.  I currently went under contract for my first house and I will be using the first time home buyers grant (which is a $10,000 grant for first time home buyers).  I can see that it comes in the form of a forgivable loan after 5 years....does that mean that I need to own the home and live it in as my primary residence for 5 years?  I am looking to buy a multi family house and then move somewhere else after a few years, but wasn't sure if I would then need to pay the grant back.  Thanks!