Amount:
up to $24,000
Who is Eligible:
Owners/Landlords
Description:
Rental Conversion Program provides financial assistance to owners/landlords to convert non-residential properties into affordable self-contained rental housing units and/or bed-units to be occupied by low income households.
Steps to Get this Rebate:
1. Visit your Social Development Regional Offices.
2. All approved applicants must enter into a rental agreement to ensure that rents remain affordable to low-income occupants during the earning period of the loan.
When the Rebate Ends:
Ongoing
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