CMHC Renovation Programs:
CMHC delivers the following renovation programs in Prince Edward Island, Yukon Territory and Ontario.
In other jurisdictions, Provinces and Territories may choose to design and deliver renovation programs that are cost-shared with the federal government.
Ontario homeowners can choose from a shopping list of renovation grants from the Government of Canada:
Alberta Seniors Property Tax Deferral Program allows eligible senior homeowners to defer all or part of their property taxes through a low-interest home equity loan with the Alberta government. If you qualify, the Alberta government will pay your residential property taxes directly to the City of Calgary on your behalf. You re-pay the loan, with interest, when you sell the home, or sooner if you wish.
You can apply for the Government of Alberta Seniors Property Tax Deferral Program at any time of year; however, for the Province to pay your property tax on your behalf by the due date of June 30 and avoid penalty, the Government of Alberta Seniors Property Tax Deferral Program must receive your application by May 31.
For program information, including eligibility and to apply, visit
www.seniors.alberta.ca/seniors
or call
Alberta Supports Contact line at
We are also Canadian private hard money lenders. We can offer you multiple solutions to resolve any situation. We can also do short term small private mortgage if required.
We can HELP !! We also BUY HOUSES. Please call:
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The Federal and Provincial governments partnered to fund a Homeownership Downpayment Assistance Program in Windsor – Ontario. It is estimated the program can provide assistance for a limited number of households. Downpayment assistance of 10% of the purchase price of an eligible home, up to a maximum of $19,700 is provided by a 20-year forgivable loan registered on title as a second mortgage. Completed applications will be generally processed on a first come, first serve basis having regard to a fair distribution of the program funds across Windsor and Essex County. The program expires when program funds are depleted or November 30, 2016, whichever occurs first.
Canadian homeowners and real estate investors may not have a clear understanding how the Canadian mortgages work. All mortgages in Canada are compounded semi-annually. Mortgage penalties and administration costs are mostly misunderstood or not being explained to borrower of the mortgage.