A short daily for homeowners in the Greater Toronto Area and Ontario: one renovation question answered, new rebates and benefits with their deadlines, product recalls and weather alerts that matter at home.
01
Question of the Day
What does EPA Title VI mean on a cabinet spec?
It is the North-American limit on formaldehyde emissions from composite wood panels. Both our door cores are certified to it. It is an indoor-air standard, not a strength one.
Waterloo Region: 2.5% home energy loans, heat pump incentives up to $2,500
DeadlineNo end date posted
The Region of Waterloo's RetrofitWR program offers 2.5% loans for home energy upgrades such as heat pumps, insulation, windows and smart thermostats, repaid on the GrandBridge Energy electricity bill. Loans are limited for now to GrandBridge customers in Cambridge and North Dumfries; homeowners across the region can use a free Energy Coach. The program lists $2,500 for a qualified ducted heat pump, or $1,000 per ductless mini-split unit up to $2,500. Home assessments are required before and after the work. A $450 admin fee is waived for a limited time. Apply at RetrofitWR.ca.
Waterloo Region renters: a 5% down-payment loan for homes up to $620,000
DeadlineNo end date posted
The Region of Waterloo's Affordable Home Ownership program gives eligible renters a loan of five per cent of the purchase price toward a down payment. The home must be in Waterloo Region and cost $620,000 or less. Household income must be $129,200 or lower, and applicants must be at least 18, currently renting, and have lived in the region for at least the past year. Approved buyers have 90 days to buy a home. Apply with the Region's form by fax, email, mail or in person at a Regional office.
Brantford and Brant first-time buyers: 5% down-payment loan up to $20,000
DeadlineNo end date posted
Brantford's homeownership program offers first-time buyers who rent in Brantford or Brant County a forgivable down-payment loan of 5% of the price, to a maximum of $20,000. Gross household income must be under $90,600, assets under $30,000, and the price no more than $400,000. Buyers need mortgage pre-approval, must not own other residential property, and must live in the home. If it is sold or stops being their main home within 20 years, the loan is repaid plus 5% of any capital gain.
Flip Kitchen AI