Can I read Simcoe County Secondary Suite Funding Guide on EtoBox?

Simcoe County Secondary Suite Funding Guide by kevinyihuang is a document available to read on EtoBox.

What is Simcoe County Secondary Suite Funding Guide about?

The Secondary Suite Program offers funding up to $30,000 for creating secondary suites, structured as a forgivable loan that decreases over 15 years. The loan is secured by a mortgage on the property, and homeowners must adhere to specific guidelines, including renting the unit to eligible tenants and including utilities in the rent. Homeowners are responsible for costs exceeding the funding amount and must begin construction within 120 days of approval.

Author

kevinyihuang

Language

EN