Peterborough Renovates Program (PRP)

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.

There are
household income
and house value limits.

Applications will be processed
as funding is available each year.

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:

Fire and life safety related

Foundation and structural

Heating and ventilation systems

Insulation

Windows and exterior doors

Roofs and eaves

Septic systems

Water supply systems

Electrical / plumbing

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

These loans are “forgiveable” with
a term of 10 years.

“Forgiveable” means that you do
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:
www.habitatpeterborough.ca/peterborough-renovates

Their office hours are Monday to
Friday from 9:00a.m. to 4:00p.m.