Affordable Housing Grant and Incentive Programs
The purpose of the affordable housing grant and incentive programs is to:
- Increase the amount of affordable housing in Niagara
- Increase the supply of purpose-built rental housing
- Maintain existing affordable rental housing stock
Programs
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Affordable and Supportive Housing Regional Development Charges Deferral
A deferral of Regional Development Charges for affordable or supportive housing units in projects having an agreement with a Regional department or agency for as long as the units remain affordable.
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Housing Provider Capital Loan Program
Emergency loan program, with 25 per cent forgivable over time, to support repairs to non-profit and co-op affordable housing providers having agreements with Niagara Regional Housing / Housing Services.
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Niagara Renovates Homeownership for Repairs and Accessibility
Forgivable loan over 10 years for repairs and accessibility modifications for low and moderate income households.
Apply for the Niagara Renovates for Repairs and Accessibility loan
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Niagara Renovates Multi-Residential
Forgivable loan over 15 years to fund repairs or provide accessibility for affordable units in multi-unit buildings.
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Non-Profit Affordable Rental Housing Regional Development Charges Deferral
A deferral of 50 to 100 per cent of Regional development charges depending on level of affordability for affordable rental housing units with Canada Mortgage and Housing Corporation funding for as long as the units remain affordable as defined.
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Non-Profit and Co-op Capital Repair Costs
Funding for capital repairs to non-profit and co-op housing providers who have agreements with Niagara Regional Housing / Housing Services.
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Non-Profit Regional Development Charges Grant
A grant that pays for up to 100 per cent of Regional Development Charges for eligible non-profit developments.
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Partnership Housing Program
Partnerships with for- and non-profits to generate more purpose-built rentals and move clients off the housing waitlist by using a suite of Regional incentives customized by project.
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Regional Development Charges Intensification Grant
A grant providing development charges relief to secondary suites created within or on the property of residential dwellings as required in the Development Charges Act.
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Welcome Home Niagara Home Ownership Program
A forgivable loan after 20 years for downpayment assistance of five per cent to a maximum of $20,296 (purchase price not to exceed $405,930), as amended from time to time, for renters at specific income levels purchasing a home.
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