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

• Rental Housing Incentive

  Provides a variety of grant programs for rental housing developments. These include a tax increment grant, a development charge waiver, a per-door grant and competitive capital funding. To qualify, developments must have at least 20 units rented at the agreed-upon threshold for at least 25 years.

  Learn about the Rental Housing Incentive

• 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.

  Email us for application information

• 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

• Niagara Renovates Multi-Residential

  Forgivable loan over 15 years to fund repairs or provide accessibility for affordable units in multi-unit buildings.

  Apply for the Niagara Renovates Multi-Residential loan

• 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.

  Email us for application information

• 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.

• Welcome Home Niagara Home Ownership Program

  A forgivable loan after 20 years for downpayment assistance of 10 per cent interest-free to a maximum of $66,774.80 (purchase price not to exceed $667,748), as amended from time to time, for applicants at specific income levels purchasing a home.

  Apply for the Welcome Home Niagara Home Ownership Program