Incentives and interest-free loans of up to $125K for Toronto’s homeowners

Incentives and interest-free loans of up to $125K for Toronto’s homeowners

If you own a home in Toronto, there is good news for you. The city of Toronto has announced incentives and interest-free loans of up to $125K for 15 and 20 years.

The enhanced Home Energy Loan Program (HELP) is designed to help Toronto homeowners make their homes more energy-efficient and help reduce carbon emissions, a major contributor to climate change.

Incentives for specific measures include:

Home improvements eligible for financing include:

  • Electric heat pumps
  • Insulation (attic, wall, basement)
  • Upgraded windows/doors
  • Air sealing
  • Geothermal systems
  • Rooftop solar PV
  • Tankless water heaters
  • Solar hot water systems
  • EV charging stations (Level 2) and more

You can see details of the program and the application form at Toronto City’s website at https://www.toronto.ca/news/city-of-toronto-offers-zero-interest-loans-incentives-to-accelerate-home-retrofits-and-emissions-reductions/

If you have any questions or would like to discuss your unique needs and goals, please don’t hesitate to contact me at 416-908-5600. I’m here to help you find the perfect, tailor-made solution.

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