Home Repair Funding

• Property value must be at or below the House Value Threshold which is set at $1,038,000 for 2024;
• Total household income must be at or below the Homeowner Income Threshold, set at $98,000 for 2024;
• Total household asset level must be less than $50,000 for an individual, and $75,000 for a household including savings, GIC's, and other financial assets (not including RRSP's or RESP's) and land or other properties, but does not include items such as vehicles;
• The home must be at least five years old;
• The home cannot have been purchased with a Homeownership down payment assistance loan;
• Ontario Renovates projects must meet eligible repair project parameters.

Please note you must submit copies of all required documents for all applicants on the Ontario Renovates application and registered on the mortgage.  If the application is missing a copy of any required documentation, the application will be deemed incomplete and will not be processed

The following documentation is required with your application:

• All persons registered on title to the property must sign the application form
• Where there is one registered owner and the spouse of this owner has a matrimonial interest in the property, both the owner and the spouse must sign the application form
• Photo ID for all persons who have signed the application
• Proof of current year gross income for all household members 18 years +
• Copies of most recent Revenue Canada Notice of Assessment form for all applicants
• Proof of total household assets - most recent monthly statements of ALL:  Bank accounts, GIC's, RRSP's, etc.
• Photocopy of most recent Municipal Property Tax Assessment (MPAC Assessment) MPAC assessment for other land or other properties owned, etc.
• Proof of mortgage in good standing - letter/statement from Mortgagor(s)
• Proof of property taxes in good standing (letter/statement from Town or Municipality)
• Copy of current Home Insurance Certificate
• Accessibility Projects Only: Completed Accessibility Project Form
• Serial or registration number (for mobile homes only)

• The program will fund up to 100% of the cost of qualifying repairs, replacements and related costs for a owner-occupied home, in the form of a forgivable loan based on the cost of the approved work items
• The loan forgiveness period for the home repair loan is 10 years
• Loans are forgiven at an equal rate annually, for each of the 10 years
• Applicants will be required to sign a loan agreement with the District Municipality of Muskoka, and the home repair loan will be secured through a mortgage that will be registered on title
• Once an applicant(s) is in receipt of a conditional letter of acceptance for the Ontario Renovates program, and until the project is complete and the forgivable loan is registered on title, applicant(s) may not change any terms of their mortgage, including refinancing
• The District must be named as an additional insured party on the applicant's home insurance policy

• Ontario Renovates Accessibility Grants are available in funding amounts of up to $5000.00 (non-repayable) for accessibility modifications
• A healthcare professional must provide confirmation of the disability and outline the recommended modifications to enable greater independent living
• Accessibility Modification Grants may be combined with Home Repair loans at the discretion of the District
• For more information regarding the Ontario Renovates Accessibility Grant please refer to the Ontario Renovates Program Guidelines below

Ontario Renovates Application:

• Application Document
• Accessibility Component Form

Ontario Renovates Guidelines:

• Muskoka General Program Guidelines
• Muskoka Eligible Repair Project Parameters