Provides financial assistance to owners / landlords for mandatory repairs to self-contained units that are substandard and rented to low-income households.
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Provides financial assistance to owners / landlords for mandatory repairs to self-contained units that are substandard and rented to low-income households.
A property is eligible if it meets the following requirements:
The property is at least five years old and lacks basic facilities or requires major repair in one of the following areas:
The amount you may receive is based on the cost of mandatory repairs and the number of eligible self-contained units in the project. The assistance is in the form of a forgivable loan. The maximum amount you may receive for each self-contained unit is $36,000. With the exception of non-profit organizations owners must contribute 25% of the total cost of mandatory repairs. All approved applicants must enter into a rental agreement to ensure that rents remain affordable to low-income occupants during the earning period of the loan.
Contact Name: Acadian Peninsula (Regional Sub-Office)
Phone Number: (833) 733-7835
E-mail Address: sd-ds@gnb.ca
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Alberta Business Grants
Edmonton, Alberta
Canada
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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.