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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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 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.
This program is currently subject to review and not available at this time.
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Welcome Home Niagara Home Ownership Program
A forgivable loan after 20 years for downpayment assistance of five per cent interest-free to a maximum of $33,387.40 (purchase price not to exceed $667,748), as amended from time to time, for renters at specific income levels purchasing a home.
© Niagara Region - 1815 Sir Isaac Brock Way, Thorold, ON, L2V 4T7 - Phone: 905-980-6000, Toll-free: 1-800-263-7215
