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Main Construction › Forums › Government Grants › For Canadian Real Estate › Second Residential Unit Affordable Housing Grant Program
Second Residential Unit Affordable Housing Grant Program Kingston-Ontario
The City is offering the Second Residential Unit Affordable Housing Grant Program to stimulate homeowner investment to create alternate housing options within the City.
To complement existing affordable housing programs available within the City, the grant program is now being offered to allow homeowners to participate in the creation of additional modestly priced rental housing within the City.
Participants of the program must commit to renting the suite:
at an affordable rate for an agreed upon period of time, and
to a household that meets certain household income criteria
Provided these two requirements are met, there are no other conditions or requirements on who can rent the suite. For additional information, including how to apply and program requirements review the program guideline.
The program includes two different funding streams: