Home Renovation Program
The Home Renovation Program (HRP) provides assistance to homeowners who wish to carry out major repairs, renovations and additions to their home to cover cost related to repairs and/or renovation including materials, freight, and labour. The assistance provided can include financial, program, and technical assistance before and during the repair/renovation of the client’s home. The Nunavut Housing (NHC) may also provide programming and technical assistance before and during the construction process.
The NHC will provide a contribution in the form a forgivable loan to cover the cost of materials, freight and labour, to a maximum amount of $65,000, depending on household income, and provided that any amount exceeding $50,000 is used specifically for energy efficient improvements. Funding shall be allocated to homeowners based on a sliding scale. Maximum contribution amounts shall be set relative to household income as a percentage of HPIE limit for their community.
Where an applicant has already received HRP assistance to renovate their home, they may apply for an additional $15,000 to improve the energy efficiency of their dwelling.
Clients are responsible for:
- Arranging for and entering into a contract with a general contractor acceptable to the NHC. Clients may be permitted to carry out the work themselves provided they have the necessary skills as determined by the NHC.
- Paying for all costs exceeding the approved amount of assistance.
The applicant(s) must be at least 19 years of age and have resided in Nunavut for at least two years.
- This program follows income eligibility limits as set by the Homeownership Program Income Eligibility (HPIE) numbers (See NHC VOI Guidelines).
- Applicants with rental or mortgage arrears with any Local Housing Organization in Nunavut or with the NHC, or have otherwise caused a loss to the NHC, do not qualify for the program until those arrears or losses are paid in full. However, at the discretion of the Corporate Executive Committee, this requirement may be waived, provided that the client(s) agree in writing to a Repayment of Arrears Schedule.
- The applicant(s) must possess title (or leasehold title) to the property. Existing NHC homeowner clients who do not possess leasehold title to the property, but occupy the unit under an Occupancy Agreement are eligible for the HRP provided that all other eligibility requirements are met.
Sliding Scale Funding
Funding shall be allocated to homeowners based on a sliding scale. Maximum contribution amounts shall be set relative to household income as a percentage of HPIE limit for their community, as follows:
|Income as % of the community HPIE Limit||Maximum Contribution Amount|
|0% up to 80%||100% of repair costs up to a maximum of $ 65,000|
|>80% up to 85%||80% of repair costs up to a maximum of $ 52,000|
|>85% up to 90%||60% of repair costs up to a maximum of $ 39,000|
|>90% up to 95%||40% of repair costs up to a maximum of $ 26,000|
|>90% up to 100%||20% of repair costs up to a maximum of $ 13,000|
|>90% up to 100%|