Canada Greener Homes Loan


After much anticipation CMHC has released its new interest free personal loan. This loan is called the “Canada Greener Homes Loan” and is eligible for retrofits and for those who have applied for the “Greener Homes Grant”.

Loan Details

Loan Amount

$5000-$40,000

Repayment Term

10 Years

Loan Type

Unsecured personal loan

Eligibility

June 17- Aug 31

• Applicants who are applying for Canada Greener Homes Grant

• Applicants at the pre-retrofit EnerGuide evaluation stage for Greener Homes Grant.

Eligibility

Aug 31 and Onward

Homeowners that have already received a grant or requested a post-retrofit EnerGuide evaluation for Greener Homes Grant

This loan does not apply to the following

• work that you’ve already started or completed

• retrofits that haven’t been recommended by an energy advisor

• retrofits that are not eligible for a Canada Greener Homes Grant

• retrofits that aren’t included in your application