2019 Ontario Renovates Multi-Residential Rental Unit Program
The Ontario Renovates Multi-Residential Rental Unit Program is now open for landlords to access funding to repair and/or modify rental units in Windsor and Essex County.
Landlords of multi-residential units are invited to apply for this time limited funding opportunity, which is provided by the federal and provincial governments.
Program funding is available in the form of a 15-year forgivable loan. The amount of money available per rental unit may be up to $50,000, with the average investment estimated at $25,000 per unit. Landlords making repairs to increase accessibility could receive the first $5,000 supplied in the form of a grant which does not have to be repaid.
According to Jolayne Susko, the City’s Coordinator, Housing Administration and Policy, “This program is an amazing opportunity for landlords to access funding for often times costly repairs and modifications to maintain their rental units, or to improve accessibility features.”
Landlord Information Session:
An information session will take place on Thursday, July 4th from 3:00 to 4:30pm at 350 City Hall Square West, Meeting Room 140.
For more information, or to access an application form, please visit the City of Windsor’s website.
All applications must be submitted by July 22, 2019.