If you live in Saskatchewan, you know that construction season is in full swing. Which might lead you to think about your own housing situation...
Maybe you need to make repairs to your home, or maybe you’re a younger person looking to buy your first home. Or maybe it’s time to buy a few new appliances?
Regardless, below are all the grants, rebates, and programs that every Saskatchewan homeowner (and potential home owner) should know about in 2017.
These programs are available to all Saskatchewan residents regardless of geographical location, offered by the Saskatchewan government.
- If you are a low income person making renovations to improve mobility in your household for someone with a disability, this program is for you.
- You can receive a forgivable loan up to $23,000.
- If you are a first time homebuyer, you can receive a credit of up to $1,100 on your provincial taxes.
- This program is operated through the Canada Revenue Agency.
If you are planning to build a secondary suite, you could receive up to 50% of the construction cost as a loan. Thus, giving you more financial flexibility.
In this program, eligible homeowners can receive up to $6,000 to make emergency repairs.
If you live in Saskatoon, the following programs are offered by the City of Saskatoon to its residents.
PROGRAMS FOR SASKATOON HOMEOWNERS
- You can receive a down payment loan of up to 5% of your first entry level home.
- Eligibility is limited to households with a maximum of $84,000 and a current renter in Saskatoon.
- Market housing that you can receive without any subsidies.
- Families with incomes between $52,000 and $80,000 are invited to apply.
You can get a rebate of up to 25% of an old secondary suite repairs or, 100% rebate on building and plumbing permits related to a secondary suite.
- This one time rebate program will give you up to 20% of the costs, or a $20,000 rebate, when you move to a more environmentally friendly form of electricity.
- This program is offered though SaskPower.
If you purchase a rain barrel or a compost bin from a local retailer, you can receive a $20 rebate.
If you are a low income senior, ($26,373 for a household of two) you can defer all or part of your property and library taxes for the year.
Application is due at the end of October, each year.
- Landscaping Incentive Rebate
- Landscaping Incentive Rebate
- If you live in the Aspen Ridge, Evergreen, Hampton Village, Kensington, Parkridge, or Rosewood neighbourhoods; you can receive a rebate of up to $2,000 for front yard landscaping.
- Front Driveway Incentive Rebate
- A maximum rebate of $6,000 is available if you complete a surfaced front driveway for a detached garage.
- Evergreen & Kensington Environmental Incentives
- If you live in these two neighbourhoods, you can receive a $500 cost rebate if your new home Energy Star certified.
- The City of Saskatoon will provide you with a grant up to 5% of the value of a home for the down payment.
- Maximum household income with dependents is $78,400.
In addition to the provincial government and the city of Saskatoon; SaskPower and SaskEnergy offer programs for homeowners who are looking to be a bit more efficient.
SASKATOON CORPORATE PROGRAMS FOR HOMEOWNERS
If you are planning to generate your own electricity for your house, if you produce excess and install a distributed generation system, the city of Saskatoon will buy the excess from you!
If you are interconnected with the power grid and agree to send excess power to the grid, you will be credited for the excess that is sent to the grid. That credit can be used if you draw upon the grid for power.
- Twice a year, SaskPower teams up with retailers to provide discounts on Smart Home products and lighting that is Energy Star certified.
- These are sales that are offered in store.
If you are looking to purchase a new appliance, SaskEnergy will loan you up to $15,000 to purchase an energy efficient appliance.
So there you have it! 16 different program that could save you plenty of money! Enjoy the savings!
If you have an environmentally approved technology generating up to 100 Kilowatts, you can receive a $20,000 rebate.