Main Construction › Forums › Government Grants › For Canadian Real Estate › Niagara Regional Secondary Suite program

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    Navtaj Chandhoke
    Keymaster

    Niagara Regional Secondary Suite program

    The Niagara Renovates Program is a program that funds the creation of Secondary Suites in single family homes.

    Secondary suite units must have modest floor space and amenities.

    A Secondary Suite is defined as a self-contained, separate unit with sleeping, full kitchen and bath facilities

    and a separate entrance. The new unit must meet

    applicable zoning, building, fire and property standards.

    Funding for Secondary Suites of up to $25,000 is a fully

    forgivable loan which is written off at an equal amount

    over a 15 year period, provided the Owner complies with the conditions of the Letter of Agreement.

    The loan amount includes a grant portion for accessibility

    modifications, if required, of up to $5,000 that does not need to be repaid.

    http://www.nrh.ca/homeowners/pdf/nrp-secondary-suite-fact-sheet.pdf

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