(Ottawa) Ottawa has launched the first phase of its plan to provide interest-free loans to Canadians planning renovations that will significantly reduce the environmental footprint of their homes.
Posted yesterday at 3:16 p.m.
The program will provide interest-free loans of up to $40,000 per household to help fund eligible renovations.
The first phase is open to eligible homeowners who are applying for the Canada Greener Homes Grant or who have requested a pre-retrofit assessment under this grant.
The second phase will start on August 31. It will expand eligibility to homeowners who have already received a grant or applied for a post-retrofit EnerGuide evaluation under the Canada Greener Homes Grant and who want to apply for other eligible renovations they would like undertake and that they have not yet started.
The Canada Greener Homes Loan is designed to help up to 175,000 eligible homeowners.