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Ottawa launches first phase of sa国际传媒 Greener Home Loan program

Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home鈥檚 environmental footprint.
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Houses are seen in an aerial view in Langley, sa国际传媒, on Wednesday May 16, 2018. Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians looking to do expensive upgrades that will have a significant impact in reducing their home鈥檚 environmental footprint.THE CANADIAN PRESS/Darryl Dyck

Ottawa has launched the first phase of its plan to offer interest-free loans to Canadians planning upgrades that will have a significant impact in reducing their home鈥檚 environmental footprint.

The program will provide interest-free loans of up to $40,000 per household to help finance eligible retrofits.

The first phase is open to eligible homeowners who are applying or have an open application to the sa国际传媒 Greener Homes Grant.聽

The second phase will begin in early September.

It will expand the eligibility to homeowners who have already received a grant or requested a post-retrofit EnerGuide evaluation, but still have remaining eligible retrofits they are interested in doing, that have not yet started.

The sa国际传媒 Greener Homes Loan program is an designed to help up to 175,000 eligible homeowners.

This report by The Canadian Press was first published June 17, 2022.

The Canadian Press