www.preigcanada.com

A forum to discuss Real Estate deals, Education and Network
It is currently Thu Jan 17, 2019 11:27 pm

All times are UTC - 5 hours




Post new topic Reply to topic  [ 1 post ] 
Author Message
PostPosted: Thu Jan 10, 2019 4:54 pm 
Offline

Joined: Wed Mar 29, 2006 5:04 pm
Posts: 4191
Ontario Renovates program Ottawa

The Ontario Renovates program administered by the City’s Housing Services branch ("Housing Services"), provides limited funding to low income seniors and to persons with disabilities who own their home for necessary repairs and accessibility modifications to support independent living.
Eligibility of applicants

Homeowners who are 65 years of age or older
People with disabilities
Families with a household member(s) who is a senior or person with a disability may be eligible if property value and income criteria are also met (criteria listed below)

Scope of funding

The program provides funding in the form of a forgivable loan and/or grant for eligible applicants or participants up to a maximum amount of $18,500:

Grants up to five thousand dollars ($5,000) can only be used for accessibility modifications to the home.
Forgivable loans up to fifteen thousand dollars ($15,000) can be used for both accessibility modifications and essential repairs and must be approved by the program administration.
The loan will be forgiven if you continue to own and live in the house for ten (10) years after the repairs or modifications have been completed.
The amount of the loan is contingent on the total grant amount taken to equal a maximum of $18,500 in total funding received by the applicant.
Eligible households can only receive the loan/grant amount that is verified by quotes for projects.



City of Ottawa
Housing Services branch
Ontario Renovates program
100 Constellation Drive, 2nd Floor East
Ottawa, ON, K2G 6J8

https://ottawa.ca/en/residents/social-s ... #homeowner


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 5 hours


Who is online

Users browsing this forum: No registered users and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
cron
Powered by phpBB® Forum Software © phpBB Group