Funding

CHMC - Canada Mortgage and Housing Corporation

 

HASI - Home Adaptations for Seniors Independence

This program helps homeowners and tenants or landlords pay for home adaptations to extend the time that low-income seniors can live in their home independently.

RRAP-D - Residential Rehabilitation Assistance Program for persons w/ Disabilities

This program offers financial assistance to low-income homeowners to repair and upgrade their substandard dwellings to a safer and healthier level

ITEMS COVERED:
Home modifications and installed equipment (stair lifts, porch lifts, ramps, washroom modifications etc.

AMOUNT:

a) HASI: $3,500.00 (forgivable loan)
b) RRAP-D: $18,000.00 (mostly forgivable loan depending on income)

ELIGIBILITY FOR FUNDING:
HASI:
• Seniors 65 years and older
• Total household annual income of less than $36,000
• Senior experiences difficulty getting around the home due to diminishing abilities due to aging

RRAP-D:
• Total annual household income is less than $35,000
• Home is valued at less than approximately $280,000 (exact value varies dependent upon area)



PROCEDURE TO OBTAIN FUNDING:
In Toronto: call 416-250-3275 and request either HASI or RRAP-D application package

Outside of Toronto: call 1-800-668-2642



RESTRICTIONS:
• For HASI, the application process is short and the funding approval has a quick turnaround time
• For RRAP, the application process is more complex. The applicant must submit copies of T4's and bank statements to prove
  absence of savings. In addition, there exists a waiting list as funding is limited.

If you have any questions regarding these programs, please call us at 416.423.3336 for further information.


CHMC Home Page


 

1675 Sismet Road, Unit 15 Mississuaga, Ontario
L4W 4K8

T: 416.423.3336
F: 416.907.0883
info@abilityconcepts.ca