Forgivable Grants for London-Ontario Home Owners

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Forgivable Grants for London-Ontario Home Owners

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Sun Dec 24, 2017 1:00 pm

Forgivable Grants for London-Ontario Home Owners

Ontario Renovates Program London-Ontario

What is Ontario Renovates: Home Adaptations for Independence?

The program offers financial assistance for low to moderate income households to increase accessibility of their dwelling through minor modifications and adaptations.

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Directory Forgivable Canadian Real Estate Grants
now at
www.GovernmentGrantsCanada.ca

What financial assistance can I get?

Eligible clients may receive up to $5,000.00 in the form of a grant for approved home modifications. The grant does not have to be repaid provided that the homeowner agrees to continue to occupy the dwelling for at least six months commencing on the first day of the month after the final payment is issued. For a landlord/tenant application, the grand does not have to be repaid provided that the landlord agrees that the work will not result in a rent increase to the unit.

Am I eligible?

To be eligible for the program, you must meet the following conditions:

Be a person with a disability who requires modification to their dwelling in order to live independently or be a senior age 60 or older and have difficulty with daily living activities
The home is assessed at a maximum of $265,000 for homeowners
For landlord/tenant households, the unit must be modest and the rent not to exceed the Average Market Rent for London * The Average Market Rent for: Apartments; Bach $632/month, one bedroom $807/month, two bedroom $1013/month and, three bedroom $1,160/month. Row Structures; two bedroom $965/month, three + bedroom $1021/month.
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The income of the household is a maximum of $60,000
The home/unit is the sole and principal residence
Modifications must be completed within two months after the date of the Final Approval letter
Properties must be located in the City of London or Middlesex County
Any work carried out before written confirmation of final approval from the City of London is not eligible for assistance

What can I use the funding for?

The Program covers modifications which are permanent and make it easier and safer for a person with a disability or a senior. Minor modifications can include, but are not limited to:

Ramps

Handrails

Chair and bath lifts

Grab bars

Levered handles on doors and faucets

Multiple cue smoke detectors

Personal emergency response system

Height adjustment to counter tops

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How do I apply?

You can obtain an application form from the City of London, Housing Access Centre at:

355 Wellington Street, Suite 248, London or
By calling 519-661-0861

DISCLAIMER

We believe the information contained in this
article to be accurate.It is presented with the
understanding that we are not engaged in
rendering legal,accounting, or investment advice.

When professional assistance is required,
utilize the services of a licensed real estate
broker, lawyer, accountant,
or other consultant as may be required.


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