04/26/2024
Have you heard the great news?!
BC Housing is now offering a Secondary Suite Incentive Program!
Homeowners who qualify can receive up to 50% of the cost of renovations up to $40,000. The program will help provide money to help homeowners create a new secondary suite on their property to be rented out for market value.
Here's how to qualify:
1. You must be the registered owner of the property
2. Be a Canadian citizen or permanent resident
3. Live in the property as your primary home
4. Combined gross annual income of less than $209,420 for the previous tax year.
Interested in submitting an application? Send us a DM today or call us at 604-762-0233.
The Secondary Suite Incentive Program will help homeowners create new affordable rental housing in their communities. The program will provide a rebate in the form of a forgivable loanโa loan that does not need to be repaid if the homeowner follows the terms of the program. The rebate will provide...