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