CANADA GREENER HOMES LOAN

Interest-Free Federal Home Energy Loan

Overview:
The Canada Greener Homes Loan is a federal financing program offering interest-free loans to help homeowners pay for eligible energy-efficient home upgrades. This program is not a rebate and repayment is required.

Loan Details:

• Loan amount: $5,000 to $40,000
  
  
• Repayment term: Up to 10 years, interest-free
  
  
• Loan type: Unsecured personal loan, subject to approval
  
  
• One loan per eligible property and homeowner
  
  
• Up to 15% of the approved loan may be advanced for contractor deposits
  
  
• Remaining funds are released after completion of upgrades and post-retrofit verification
  
  

Eligibility:

To qualify for the Canada Greener Homes Loan:

• You must be a Canadian homeowner
  
  
• The home must be your primary residence
  
  
• Ontario rental properties are not eligible
  
  
• Eligible upgrades must meet federal program requirements
  
  
• A pre-retrofit home energy evaluation dated April 1, 2020 or later is required
  
  
• Applicants must meet federal credit requirements
  
  

Program Process:

1. Complete a pre-retrofit home energy evaluation
   
   
2. Obtain quotes for eligible upgrades
   
   
3. Apply for the Canada Greener Homes Loan through the federal program portal
   
   
4. Receive conditional loan approval
   
   
5. Complete and pay for approved upgrades
   
   
6. Complete a post-retrofit energy evaluation
   
   
7. Submit final documentation and receive remaining loan funds
   
   

Important Note:
The Canada Greener Homes Loan is a federal program and is separate from Ontario utility rebate programs. Program rules, eligibility, and availability are set by the federal government and may change.