Forgivable Grants for Cornwall Home owners

The program is a Ministry of Housing (MH) program for low and moderate income households that provides funding for the following: Major repairs and rehabilitation required to make a house safe Housing modifications to increase accessibility

 

Forgivable Grants for Cornwall Home owners
Get your copy of Directory Forgivable Canadian Real Estate Grants now at www.GovernmentGrantsCanada.ca

The City of Cornwall as Service Manager delivers the Forgivable Grants for Cornwall Home owners funding to eligible property owners within the City of Cornwall and United Counties of Stormont, Dundas & Glengarry.

Components

Forgivable Grants for Cornwall Home owners

An Urgent Home Repair component where eligible homeowners can receive a maximum forgivable loan of $16,000, which is earned over a 10-year period. Projects that may qualify under this component include upgrades to heating systems, doors, windows, roofs and electrical systems.

Ontario Renovates Program

An Accessibility Modification component where eligible homeowners can receive a maximum grant of $5,000. Projects that may qualify under this component include ramps and handrails.

Do You Qualify?

Homeowners may apply if:

Forgivable Home Repair for City of Cornwall Home owners Forgivable Grants for Cornwall Home owners Eligibility

Maximum House Value $193,291

Maximum Household Income (all adults 18 yrs & older)

Household of 1 $41,000 Household of 3-4 $56,000
Household of 2 $49,000 Household of 5+ $61,000

(line 236 of the 2016 Income Tax Notice of Assessment)

Ontario Renovates Program

The property value does not exceed the Maximum House Value of $193,291.
The total household must meet the income limits shown in the Forgivable Grants for Cornwall Home owners Eligibility chart to the right (line 236 of the 2016 Income Tax Notice of Assessment) – combined income of all members of the household 18 years & older (who are not full-time students).

The property is owned and, is the sole and principal residence of the applicant.

Property taxes and mortgage payments are up-to-date.
Insurance coverage is in place for the full value of home.
The property is located within the City of Cornwall or the United
Counties of Stormont, Dundas & Glengarry.

Ontario Renovates Program

How to Apply for Forgivable Home Repair for City of Cornwall Home owners

To apply for Forgivable Grants for Cornwall Home owners, you can pick up the documents at the following location:

Social Housing Division
340 Pitt Street, 3rd Floor
P.O. Box 877
Cornwall ON K6H 5T9
Tel: (613) 930-2787 ext. 2309

DISCLAIMER

We believe the information contained in this article to be accurate.It is presented with the understanding that we are not engaged in
rendering legal,accounting, or investment advice. 
When professional assistance is required, utilize the services of a licensed real estate
broker, lawyer, accountant, or other consultant as may be required.

Ontario Renovates Program
Tickets for LIVE CRASH COURSE at [color=#0000BF]http://www.Flipping4Profit.ca

Forgivable Grants Available in Grey County

Ontario Renovates Funding Available in Grey County Home Repairs

Forgivable Grants Available in Grey County Funding is still available to help low to medium income homeowners repair and improve their homes. Forgivable Grants Available in Grey Countyrenov offers up to $15,000 for major repairs such as heating systems, windows and doors, roofs, electrical, plumbing and more. Renovations that improve accessibility in the home may also be considered.

Forgivable Grants Available in Grey County
Get your copy of Directory Forgivable Canadian Real Estate Grants now at www.GovernmentGrantsCanada.ca

Forgivable Grants Available in Grey County

“The Forgivable Grants Available in Grey County program makes essential home renovations possible for homeowners who might struggle to afford them,” said Anne Marie Shaw, Director of Housing with Grey County. “There is limited funding available. Qualifying homeowners should get their applications in as soon as possible.”

Forgivable Grants Available in Grey County funding is limited and is available on a first come first serve basis. All funding must be committed by December 31.

Learn more and apply online at Grey.ca, by visiting the Grey County Administration Building in Owen Sound, or by calling Grey County at 1-800-567-4739.

Forgivable Grants Available in Grey County

Forgivable Grants for Ottawa Home Owners

Requirements

Have a household income at or below $43,000.
Have less than $30,000 in assets.
Own a home with a market value below the Grey County average of $217,000.

Mobile homes and houses situated on leasehold land do not qualify.

Background

Forgivable Grants Available in Grey County is part of the Investment in Affordable Housing (IAH) Program, a provincial program providing funding for the creation and repair of affordable housing. It is based on the principles of Ontario’s Long-Term Affordable Housing Strategy. Funding for the program is renewed each year in April and needs to be committed by December 31.
Forgivable Grants Available in Grey County
Other IAH programs delivered by Grey County include the Home ownership program and the Rent Supplement program. Visit Grey.ca to learn more.
For more information please contact:

Anne Marie Shaw, Director of Housing
AnneMarie.Shaw@grey.ca (link sends e-mail)
519‑376-5744 ext. 1305

Robert Hatten, Communications Officer
Robert.Hatten@grey.ca (link sends e-mail)
519-372-0219 ext. 1235.

Forgivable Grants Available in Grey County

DISCLAIMER

We believe the information contained in this article to be accurate.It is presented with the understanding that we are not engaged in rendering legal,accounting, or investment advice.

When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

Forgivable Grants for Ottawa Home Owners
Tickets for LIVE CRASH COURSE at [color=#0000BF]http://www.Flipping4Profit.ca

Ontario Renovates Program for Hamilton

The Ontario Renovates Program for Hamilton offers financial assistance to low-income households who own and occupy substandard housing to enable them to repair their dwellings to a minimum level of health and safety for Hamilton home owners.

Ontario Renovates Program for Hamilton
Get your copy of Directory Forgivable Canadian Real Estate Grants now at www.GovernmentGrantsCanada.ca

The Person with Disabilities Ontario Renovates Program for Hamilton offers financial assistance to households occupied by persons with disabilities who require special modifications to improve accessibility to their residence.

Homeowners may apply if the value of their house is below a certain value and if their household income is at or below certain levels that are based on the number of people in the household. Eligibility is limited to properties in need of major repair in one or more of the following categories: Structural, Electrical, Plumbing, Heating and Fire Safety.


Ontario Renovates Program
Ontario Renovates Program for Hamilton Home Repairs criteria includes but is not limited to:

 

applicants must own and occupy the home, which requires work, as their sole and principal residence;
maximum total household Canadian and foreign gross annual income at or below $60,000;
total household Canadian and foreign assets at or below $10,000;
the assessed value of the home must not exceed $250,000;
the mortgage, property taxes, and home insurance must be paid up-to-date; with no arrears owing.

Approved applicants are required to sign a Loan Agreement to be registered on the title of the home. The cost of a legal representative and registration may be an eligible cost under the program.

Assistance is provided as a 10 year forgivable loan up to a maximum of $20,000 to assist with the cost of certain work required to the home.

If the homeowner remains in the home as their sole and principal residence for the 10 year forgivable loan period, and complies with all program requirements during the term, the loan is interest free and payment free and is completely forgiven after 10 years.

Ontario Renovates Program

The full amount of the loan is repayable if false information was provided by the applicant and/or the funding is used for purposes other than the approved use. If the homeowner ceases to occupy the home as the sole and principal residence, 10% of the loan is forgiven each year and the pro-rated balance of the loan is repayable.

Mandatory repairs relating to health and safety and to extending the useful life of the property qualify. It is important to keep in mind that this assistance is for basic mandatory repairs and not repairs to modernize or improve the appearance on the home.

Eligible repairs for Ontario Renovates Program for Hamilton Home Repairs may include the following activities:

  • Repair / replacement required to remedy leaky roofs where deterioration is beyond practical repairs,
  • basement leaking
  • mould/asbestos removal to eliminate a present health hazard
  • fire safety items
  • electrical defects
  • repairs / replacement mandated by the local municipal Building Department;

replacement of a furnace (or the home’s primary heat source) that has been flagged as obsolete and/or at the end of its useful life and/or beyond practical repair and/or has been tagged prohibiting use.
Ontario Renovates Program
Modifications to increase accessibility including:

  • permanent installations of ramps,
  • handrails, chair and bath lifts,
  • height adjustments to counter tops.
  • cues for doorbells/fire alarms.

Any work started prior to the registration of the Loan Agreement on title is not eligible for program funding.

Work must begin within 45 days of date the Loan Agreement is registered on title and be completed within 120 days of commencement.

Email: housing@hamilton.ca
Phone: 905-546-2424 ext. 2758

[i]If you received previous Residential Rehabilitation Assistance Program (RRAP) funding within the last 15 years or Down payment Assistance Program through the City of Hamilton, you would NOT be eligible for Ontario Renovates.[/i]

DISCLAIMER

We believe the information contained in this article to be accurate.It is presented with the understanding that we are not engaged in
rendering legal,accounting, or investment advice. 
When professional assistance is required, utilize the services of a licensed real estate
broker, lawyer, accountant, or other consultant as may be required.

Ontario Renovates Program
Tickets for LIVE CRASH COURSE at [color=#0000BF]http://www.Flipping4Profit.ca

Ontario Renovates Program for Huron County

Ontario Renovates Program Huron County is designed to improve the living conditions of low to moderate income households in need. It offers financial assistance to complete home repair deficiencies, energy efficiency upgrades and accessibility upgrades for persons with disabilities.

Ontario Renovates Program for Huron County
Get your copy of Directory Forgivable Canadian Real Estate Grants now at www.GovernmentGrantsCanada.ca

Ontario Renovates Program for Huron County

This Ontario Renovates Program for Huron County will be administered through the Housing and Property Services Division and any necessary home inspections will be completed by South Bruce Home Inspection Services.

The program provides assistance in the form of a grant for accessibility upgrades (under $5,000) or a forgivable loan for home repairs (to a maximum of $10,000).

Ontario Renovates Program Huron County

Who is eligible?

You may be eligible if your total household income is at or below $77,600, and you own a home in Huron County that is your sole and principal residence with an assessed value of $260,098 or less.

All property taxes and mortgage payments must be up to date and insurance coverage in place for the full assessed value of the home.

Ontario Renovates Program Huron County

How much financial assistance can I receive?

Funding for accessibility upgrades, up to a maximum of $5,000 is in the form of a grant, and does not require repayment.
Forgivable loans to a maximum of $10,000 will be secured by a promissory note provided by the County of Huron. Maximum one time funding available is $10,000 per household.

What types of repairs can be done?

Eligible repairs under the Ontario Renovates Program may be in one or more of these areas:

  • Heating systems including furnace replacement
  • Chimneys
  • Doors and windows
  • Foundations
  • Roofs, walls floors and ceilings
  • Vents, louvers
  • Electrical systems
  • Plumbing, toilet replacement, water heaters
  • Septic systems and well water, well drilling
Ontario Renovates Program Huron County
Modifications to increase accessibility related to housing, and to the homeowner’s disability include, but are not limited to:

 

 

 

 

 

  • Ramps
  • Handrails
  • Chair and bath lifts
  • Height adjustments to counter tops
  • Cues for doorbells and/or fire alarms


How do I apply?

The application and support materials have been made available in the Resources below.

Applications and additional information is also available by contacting Huron County Housing and Property Services at 519.482.8505 ext 4255, during regular business hours Monday thru Friday from 8:30 AM to 4:30 PM

DISCLAIMER

We believe the information contained in this article to be accurate.It is presented with the understanding that we are not engaged in
rendering legal,accounting, or investment advice. 
When professional assistance is required, utilize the services of a licensed real estate
broker, lawyer, accountant, or other consultant as may be required.

Ontario Renovates ProgramOntario Renovates Program Huron County
Tickets for LIVE CRASH COURSE at [color=#0000BF]http://www.Flipping4Profit.ca

Forgivable Grants for Lambton Home Repairs

The Forgivable Grants Lambton Home Repairs program offers financial assistance to repair deficiencies and improve accessibility for eligible households in need.

Forgivable Grants Lambton Home Repairs program provides one-time assistance in the form of a 10-year forgivable loan, which is secured by registration on title, for home repairs to a maximum of $20,000 per household.

Additional funding above the $20,000 maximum may be approved on a case-by-case basis by the Program Administrator, in its sole discretion.

Forgivable Grants for Lambton Home Repairs
Get your copy of
Directory Forgivable Canadian Real Estate Grants
now at
www.GovernmentGrantsCanada.ca

The program also provides assistance in the form of a grant, which does not require repayment, for accessibility improvements to a maximum of $5,000 per household.

Forgivable Grants Lambton Home Repairs Renovates Information
https://www.lambtononline.ca/home/residents/housingservices/Documents/LR%20Info%20Sheet%202016%20Feb%202016.pdf

Forgivable Grants for Lambton Home Repairs

Who is eligible?

Households who meet the following sample criteria: (For a complete list of eligibility criteria, please see the Forgivable Grants for Lambton Home Repairs Information Sheet above).

  • Total household income and assets complies with the income and asset criteria as listed in the Information Sheet.
  • Own of a home in Lambton County that is your sole and principal residence with a maximum market value of $210,000.
  • All property taxes and mortgage payments must be up to date and insurance coverage in place for the full value of the home.
  • Your home must be in need of repair, energy and/or accessibility upgrades.

What types of repairs can be done?

Eligible repairs under the Forgivable Grants for Lambton Home Repairs Program may include major repairs and rehabilitation required to make your home safe while improving energy efficiency. Examples include but are not limited to:

  • Heating systems including furnace replacement
  • Chimneys
  • Foundations
  • Roofs, vents, louvers
  • Electrical systems
  • Plumbing, toilet replacement, water heaters
  • Septic systems and well water, well drilling

Forgivable Grants Lambton Home Repairs
Modifications to increase accessibility related to housing and the occupant's disability include, but not limited to:

  • Ramps
  • Handrails
  • Chair and bath lifts
  • Height adjustments to counter tops
  • Bathroom renovations


How to apply?

Applications and additional information are available by contacting County of Lambton, Housing Services Department at 519-344-2062 ext. 2165, during regular business hours Monday to Friday from 8:30 AM to 4:30 PM.

Contact:
Project Coordinator
County of Lambton – Housing Services Department
Telephone: 519-344-2062 ext. 2165
Fax: 519-344-2066
Email: mackenzie.kada@county-lambton.on.ca

County of Lambton's Home ownership Down Payment Assistance Program

Home ownership Assistance Program , please note the following:

Homes purchased prior to April 1, 2017, are not eligible for funding.
Eligible applicants must submit the Purchase of Sale Agreement a minimum of 30 business days prior to the closing date.
All program requirements must be met a minimum of 15 business days prior to the closing date (i.e. final mortgage financing confirmation, Purchase of Sale conditions waiver).

Forgivable Grants Lambton Home Repairs

Forgivable Grants Lambton Home Repairs

The purpose of the County of Lambton's Home ownership Down Payment Assistance Program is to provide eligible households living in rental accommodations with loan assistance of up to 10% to a maximum of $21,500 for the purchase of a new or resale home not exceeding $215,000.

Approval for funding is based on the information provided by applicants through the Home ownership Down Payment Assistance Application Form. Conditions for funding include, but are not limited to the following:

  • Applicants must be at least 18 years of age, a Canadian citizen, landed immigrant or have Refugee claimant status
  • Applicants must be a renter, which is defined as a Tenant who has a rental agreement for a self-contained unit with a property owner who is not a relative
  • Applicants and/or their spouse/partner do not currently own a home or have an ownership interest in a home or land
  • Applicants seeking funds to offset construction costs on land they currently own are not eligible for funding
  • Applicants have a maximum household income of $84,100
  • Applicants have a maximum of $100,000 in assets, which includes bank accounts, investments and any property
  • Applicants do not have outstanding social housing arrears in Ontario
  • Applicants will use the purchased home as their sole and principal residence
  • Applicants qualify for a mortgage through a recognized financial institution
  • Applicants who require a co-signer and/or guarantor to qualify for a mortgage are not eligible for funding
  • Home must be modest in size and located in Lambton County
  • Home may be detached, semi-detached, town home, or apartment
  • Mobile homes and homes on Reserve Lands are not eligible for funding
  • Resale homes require a recent home inspection completed by a certified home inspector and paid for by the purchaser/applicant
  • New homes, including conversions from non-residential use, must qualify for a Tarion Certificate of Completion and Possession under the Ontario New Home Warranty Program
  • Homes purchased privately require a recent home appraisal completed by a professional appraiser and paid for by the purchaser/applicant

Forgivable Grants for Lambton Home Repairs

Forgivable Grants Lambton Home Repairs
Conditions for Repayment

Loan is forgiven if home is sold after 20 years provided the homeowner has complied with all the terms and conditions of the Loan Agreement.
If the home is sold before 20 year period expires, homeowner must repay the original loan plus a percentage of the realized capital gain.
If the home is sold before 20 year period expires and homeowner experiences a capital loss, repayment would be reduced by the amount of loss, provided the sale meets the following criteria:

the unit is sold at a fair market value; and
the purchase and sale of the unit is an arm's-length transaction

If the purchaser is in default of any term of the Loan Agreement within 20 years of the date of purchase, it is deemed a sale and the loan plus a percentage of the realized capital gain becomes immediately due.

Application Process for Forgivable Grants Lambton Home Repairs

  • Only complete applications will be considered. Home ownership Down Payment Assistance Application Form. An application must have all information entered and all supporting documentation provided to be considered complete.
  • Incomplete applications will be returned.
  • If an applicant is deemed eligible for the down payment assistance, the following minimum additional documentation is required:
  • Photocopy of the Purchase of Sale Agreement
  • Completion of the Loan Agreement
  • For resale homes, a Home Inspection Report by a certified professional Home Inspector is required, at the applicant's expense
  • For new homes, a Tarion Certificate of Completion and Possession under the Ontario New Home Warranty Program
  • For homes purchased privately, a copy of the home appraisal, completed by a professional appraiser, at the applicant's expense
  • Completed applications along with required documentation can be dropped off at the County of Lambton Housing Services Department. The office is located on the 2nd Floor of the Bayside Centre in Sarnia (150 N. Christina Street) and is open Monday – Friday, 8:30 a.m. – 4:30 p.m.

Contact; Project Coordinator
County of Lambton – Housing Services Department
Telephone: 519-344-2062 ext 2165
Fax: 519-344-2066
Email: mackenzie.kada@county-lambton.on.ca

DISCLAIMER

We believe the information contained in this article to be accurate. It is presented with the understanding that we are not engaged in rendering legal,accounting, or investment advice.

When professional assistance is required, utilize the services of a licensed real estate broker, lawyer, accountant, or other consultant as may be required.

Forgivable Grants Lambton Home Repairs

Tickets for LIVE CRASH COURSE at http://www.Flipping4Profit.ca