Low Income Housing Grants

Low income housing grants make it possible for anyone to be a homeowner regardless of their income. Buying a home is likely the biggest financial investment that you will make in your lifetime and with housing prices as high as they are, many Canadians simply cannot afford to make that big purchase. Low income housing grants allow everyone to become homeowners, and can even help with necessary home repairs that you can’t afford to pay on your own. Read on below to see which ones you qualify for.

Residential Rehabilitation Assistance Program (RRAP) for Persons with Disabilities

If you are a homeowner or a landlord who provides residence to low income individual with disabilities, then this is the grant for you. Successful applicants will receive grant money from the Canada Mortgage and Housing Corporation (CMHC), so that they can carry out renovations to improve accessibility. Eligible renovations include those which intend to eliminate physical barriers, imminent safety risks and improve the ability to meet the demands of daily living within the home.

The amount that homeowners are entitled to varies according to your geographic zone. If your home is located in southern Canada you could receive anywhere from $16,000 to $24,000. Eligible homes in the northern areas of Canada could receive between $ 19,000 and $ 28,000. And homes in the far northern areas could receive between $24,000 and $36,000.

Emergency Repair Program (ERP)

Is your home’s roof leaking, or is your electricity faulty? Well if you can’t afford to make these essential repairs the government can help you with some grant money awarded through the Emergency Repair Program (ERP). To qualify for this free grant money, homeowners must be considered low income and reside in a rural area. Essential repairs are changes to your home to ensure the safety of its occupants as well as the structure. Examples include: heating systems; chimneys; doors and windows; foundations; roofs, walls, floors and ceilings; vents, louvers; plumbing, and electrical systems. And depending on your area of residence and the improvements you require, you could receive between $6,000 and $ 11,000 in grant money for these repairs.

Residential Rehabilitation Assistance Program (RRAP) for Homeowners

This housing grant provides funding to low-income persons who own and occupy substandard housing so that they can have a comfortable home that meets the minimum federal health and safety standards. This means repairs to heating, structural, electrical, plumbing and fire safety. To qualify for this housing grant you will need to show that you live in low-income housing and that you don’t have the financial means to pay for your home’s necessary repairs. Eligible applicants could receive anywhere from $16,000 to $24,000.