Peterborough Renovates Program (PRP)

[Navtaj Chandhoke]

Peterborough Renovates Program (PRP)

The Peterborough Renovates

Program (PRP) is a home repair

program. It helps low to moderate

income homeowners afford home

necessary repairs and upgrades.

This can include energy and

accessibility work.

Funding comes from the federal

and provincial governments. The

whole program is called the

Investment in Affordable Housing

program.

The City of Peterborough has a

contract with Habitat for Humanity

to delivery PRP. This means that

staff at the Habitat office handle all

applications and questions.

Yes, funding is limited.

Funding is provided to

qualifying applicants on a

first-come, first-served basis.

When funding has been used for

the current year, applicants may

be placed on a wait list.

This program can help

homeowners in both the City

and County of Peterborough.

You must meet all program

requirements to be an eligible

applicant.

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There are

household income

and house value limits.

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Applications will be processed

as funding is available each year.

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PRP may be expanded to

include a component for

multi-unit residential projects in

the future. This is at the

discretion of the City.

Repairs and upgrades that may be

eligible under this program include:

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Fire and life safety related

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Foundation and structural

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Heating and ventilation systems

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Insulation

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Windows and exterior doors

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Roofs and eaves

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Septic systems

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Water supply systems

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Electrical / plumbing

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Accessibility related

The Program Guidelines

lists the types of eligible repairs.

Security type upgrades are included

in the program.

A household can receive no more

than $25,000 through PRP.

This could include a grant for up to

$5,000 for accessibility work.

The applicant must pay for any

costs greater than the approved

project amount

a term of 10 years.

not need to pay anything as long

as you continue to meet the terms

in your loan agreement.

All loans will be registered as either

a Mortgage or a Notice on Title.

Contact

Habitat for Humanity

Peterborough & Kawartha

Region for an application. Habitat

is the delivery agent for PRP.

This means they handle all

applications for the program.

Phone:

705-750-1456 or 1-855-750-1456

Email: louise@habitatpkr.ca

Check out the website for more

information:

http://www.habitatpeterborough.ca/peterborough-renovates

Their office hours are Monday to

Friday from 9:00a.m. to 4:00p.m.

Learn more about Forgivable Canadian real estate grants at

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