Forgivable Grants for Renovate Lanark Home Repairs

[Navtaj Chandhoke]

Forgivable Grants for Renovate Lanark Home Repairs

Renovate Lanark offers Financial assistance, in the form of a forgivable loan (maximum $10,000) or accessibility grant (maximum $5,000) to allow low income homeowners to conduct mandatory home repairs permitting continued safe occupancy of their home.

Who Qualifies:

– Homeowners with a household income below $87,800

– House must be sole residence valued at less than $301,819

– Mortgage, Property Tax & insurance must be up to date.

RENOVATE LANARK PROGRAM

We are very happy to report that our Renovate Program has helped 45

households this year. The repairs that were completed will keep these

families housed in their current home for many years to come.

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Get your copy of

Directory Forgivable Canadian Real Estate Grants

now at

Here is a list of the repairs that were completed:

13 homes -New Windows and / or Doors = $108,982.50 – 31% of funding

12 homes -New Roofs = $87,935.66- 25% of funding

8 homes -New Furnaces= $50,872.10- 15% of funding

3 homes -Accessible Bathrooms= $29,927.05- 9% of funding

4 homes -Accessible Entrance way = $27,638.55 – 8% of funding

3 homes -Siding / Insulation= $24,927.80- 7% of funding

2 homes -Well / Septic= $17,571.00- 5% of funding

If you are interested in accessing the Renovate Program

we will receive more funding in April of 2018.

If you have any questions please contact

Lanark County Social Housing Department.

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Lanark County offers financial assistance to allow homeowners

to pay for modifications to make their

property more accessible

to persons with disabilities.

These modifications are intended to eliminate

physical barriers, imminent safety risks and improve the ability to meet the demands of daily living

within the home.

WHO CAN APPLY

?

Homeowners with household incomes below $87,800;

?

House must be primary residence valued at less than $

301,819

?

Mortgage, Property Tax & Insurance coverage must be up to date.

ELIGIBLE MODIFICATIONS

[img]http://www.flipping4profit.ca/wp-content/uploads/2018/01/WeBuyHousesCASH11-1-500×262.jpg[/img]

The property must not have major deficiencies to the structure and the building systems.

Modifications must be related to housing and reasonably related

Examples of eligible modifications are ramps, handrails, chair lifts, bath lifts, height adjustments to

countertops and cues for doorbells/fire alarms

DOCUMENTS TO INCLUDE WITH APPLICATION

The below documents must be included with the application:

?

2015 or 2016

Notice of Assessment for all adults in the home

?

Photo ID for all adults in the home

?

Verification mortgage payments are up to date

?

Verification property taxes are up to date

?

Verification home insurance payments are up to date

?

MPAC Assessment

?

3 quotes from qualified contractors

?

Description of disability and accessibility modification from a

health professional

FINANCIAL ASSISTANCE

Funding for accessibility repairs made to a home and/or a unit, up to maximum of $

5,000is in the form of a onetime grant and does not require repayment.

Annual funding is limited.

Funding will be awarded on a first come first serve basis.

To ensure funding please provide a completed

application at your earliest convenience.

FOR MORE INFORMATION CONTACT:

Lanark County Social Housing

Phone: 267-4200 x. 2404

mail: housingapplications@lanarkcounty.ca

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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