To participate in this program, the following eligibility criteria must be met:
- Building must be located in the designated area from First Street, south to the waterfront, between and including Adolphus and St. Felix Streets.
- There cannot be any back taxes or outstanding issues related to finance on the property.
- A lien will be registered on title as a mortgage and in the first 3 years no forgiveness is earned, however, year 4 and 5 forgiveness is earned at 50% per year.
- Should the property be sold before the 3 year period, the money will be repaid.
- The program will be divided such that a portion will be designated for rental units and a portion for owner-occupied.
Program Guidelines |
- Application is completed and submitted to the office for date stamp and addition to the waiting list.
- Upon receipt of a permission to start letter, an inspection is arranged with the Property Standards Inspector of the complete interior and exterior of the building(s), and the Work Order list is established.
- Priority, of the work list established, will be based on Health and Safety issues, and a minimum of 25% of the funds should be dedicated to outside upgrades.
- The applicant shall obtain at least two (2) written estimates for the cost of the project broken down to labour and materials per item.
- The program shall cover half of the material costs, once installed, should the owner complete the work themselves.
- Each application is reviewed by the Cornwall Planning Programs Evaluation Group (CPPEG), and requires a By-Law from City Council.
- The owner will be required to sign a Loan Agreement with the City of Cornwall, to be registered on title.
- The owner is responsible to obtain all the necessary Building/Plumbing Permits and Fire Code issues as per the Ontario Building Code and any Electrical permits as per Ontario Hydro.
- Please note all permits fees or Architectural/Engineer plan fees are not eligible for funding.
- The applicant should ensure that the contractor has liability insurance, and a copy is to be provided for the file.
- The City is not financially responsible to the contractor, the homeowner and contractor must enter into an agreement.
- That an applicant cannot have more than two(2) active applications at one time, but one project must be fully completed before the second may be initiated.
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Owner Occupied |
- Proof of income will be requested by administration, household income to be below the Core Net Income as set by CMHC (Household of 2 - $50,000)
- Eligible for matching funds up to $4,000 as a forgivable grant
- These funds are targeted to upgrading the exterior of the single family dwelling
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Income Property |
- Eligible for matching funds to a maximum of $10,000 as a forgivable grant
- These funds are targeted to upgrading the exterior of the single family dwelling
- Property owner may not have more than 2 applications active at one time
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Please ensure you have read the information provided above and understand your responsibilities for eligibility in the Renaissance Housing Renovation Program, before proceeding to the application (click here for PDF).