events
view The Blue Mountains events calendar
business listings
view The Blue Mountains business directory
local news
view The Blue Mountains Review
volunteer
view The Blue Mountains volunteer opportunities

The Review

Transition and Transformation of the Grey County Housing System

Posted On: Thursday, November 30, 2017

The Investment in Affordable Housing (IAH) for Ontario Program is a federal and provincial program to provide funding for the creation and repair of affordable housing. The IAH is based on the principles of Ontario’s Long-Term Affordable Housing Strategy and is a continuation of the Canada-Ontario Affordable Housing Program (AHP). Funding for the program is renewed each April 1st and has to be committed by December 31st of that year. Grey County will be delivering three components of the program; the Ontario Renovates and the Homeownership Program and the Rent Supplement Program.

Transition and Transformation of the Grey County Housing System

Rent-geared-to-income Housing

Grey County manages 888 rent-geared-to-income housing units.  Eligible tenants pay about 30% of their gross household income for rent. About 80% of the units are home to seniors, couples or singles and 20% are families.

These units are located at 32 sites across the following municipalities:

  • Chatsworth
  • Grey Highlands (Markdale and Flesherton)
  • Hanover
  • Meaford
  • Owen Sound
  • Southgate (Dundalk and Holstein)
  • Town of the Blue Mountains (Thornbury)
  • West Grey (Durham)

Non-Profit Housing

Grey County oversees non-profit housing providers with more than 490 units in the area.  These providers manage their properties and Grey County subsidizes costs. Providers include municipalities, churches and other service and community groups.

An additional 66 units in Grey County are managed by two non-profit providers. These programs are federally funded and operate differently.  Their renters are a mix of tenants paying market rent and others with rent-geared-to-income.

Ontario Renovates

Ontario Renovates will assist low to moderate income home owner households to repair their home and increase the accessibility of their home through modifications and adaptations. Major repairs could include but are not limited to heating systems, doors and windows, roofs, electrical systems and plumbing. Modifications for accessibility could include ramps, handrails, chair and bath lifts, cues for doorbells and fire alarms. Forgivable loans of up to $15,000 are provided for repairs and secured with a promissory note. If the property is sold within 10 years the loan is due back to the County. The forgiveness of the funding occurs at an equal rate over the 10 years. Any funds returned will be put in a revolving fund for Ontario Renovates. Grants are provided up to $5,000 for accessibility modifications and adaptations.

Homeownership

This program is designed to provide renters with a loan, up to 5% of the purchase price, to assist them in purchasing their own home. The program assists eligible renters in the purchase of a home that does not exceed the purchase price of limits found listed on the information sheet. Applicants must be eligible for a mortgage and cannot exceed the maximum household income listed on the application.

Rent Supplement

Rent supplement will provide households with a monthly rent geared-to-income subsidy. The subsidy will be the difference between what a household can afford and the actual market rent of a modest unit. The subsidy will be paid directly to the landlord. Funds are limited

Secondary Suites Program

The Secondary Suites Program provides a forgivable loan in the amount of up to $25,000 for renovations creating an affordable secondary suite on a property. The forgiveness period for the program is 15 years.

For more information please contact the Housing Department

read all news


SUBSCRIBE NOW!
Stay Informed
click here to subscribe to email updates from Blue Mountains Review
Your donations are greatly appreciated!

Upcoming Events
15
November

Location: L. E. Shore Memorial Library (Blue Mts Library)

16
November

Location: Marsh Street Centre

17
November

Location: Grace United Church 140 Bruce St.S., Thornbury

17
November

Location: Marsh Street Centre 187 Marsh St. Clarksburg

18
November

Location: Marsh Street Centre , Clarksburg

19
November

Location: St. Georges Anglican Church Clarksburg

Municipal Events

Turkey Dinner

Ski Back in Time

English Country Dance

Marsh Street

Riverside Greenhouses

Blue Mountain Honda

Marsh Street Centre

Brunch Dec 16