Main Construction › Forums › Government Grants › For Canadian Real Estate › Home Adaptations for Seniors’ Independence (HASI)
- This topic is empty.
-
AuthorPosts
-
August 6, 2012 at 10:46 pm #2114
Navtaj Chandhoke
KeymasterHome Adaptations for Seniors’ Independence (HASI)CMHC delivers renovation programs in Prince Edward Island, where the province cost-shares on a 75% federal / 25% provincial basis and in Yukon Territory.
In other jurisdictions, Provinces and Territories may choose to design and deliver renovation programs that are cost-shared with the federal government. Information on Provincially/Territorially designed and delivered housing programs are provided under Provincial and Territorial Affordable Housing Links and Agreements.
Who Can Apply?Homeowners and landlords may qualify for assistance if:
The occupant is 65 years of age or over and has difficulty with daily living activities due to loss of ability brought on by aging.
The total household income is at or below the program income limit for the area.
The home is a permanent residence.
Eligible Adaptations:
Adaptations should be minor items related to loss of ability. The adaptations must:
Be permanently installed or fixed to the dwelling.
Improve access to basic facilities within the home.
Increase the physical safety for the resident. Examples of eligible adaptations are handrails in hallways, easy-to-reach work and storage areas in the kitchen, lever handles on doors and grab bars in the bathroom.
Financial Assistance
Financial assistance is available in the form of a
forgivable loan of up to $3,500.The loan does not have to be repaid provided the homeowner agrees to continue to live in the home for six months (the loan forgiveness period). Where assistance is provided for adaptations for a rental unit, the landlord must agree not to increase the rents as a result of the adaptations. Access the Renovation Programs Pre-Application Tool for more information specific to your geographic area.
Contact CMHC atTo find out how to apply for financial assistance, or for more information about these programs, please call
CMHC toll free at 1-800-668-2642.To learn about investing in Canadian Real Estate Join upcoming
atCanadian Real Estate Apprenticeshipand subscribe to
-
AuthorPosts
- You must be logged in to reply to this topic.