• Non-profit Long-term Care Homes

    Since 2006, IO has provided Ontario’s Non-Profit Long-term Care (LTC) Homes with access to affordable financing for capital investments that provide communities with equitable access to quality long-term care accommodation.


    Non-Profit Long-term Care Homes approved or licensed under the Long-term Care Homes Act, 2007 may apply for an IO Loan for capital expenditures. For more information on eligibility requirements, please see the program guidelines.

    Eligible Projects

    IO loans can be used for any capital investments, including:

    • Construction or renovation of facilities
    • Accessibility improvements 
    • Vehicles and maintenance equipment 
    • Energy efficiency projects (windows, doors, lighting, etc.) 
    • Water, hydro, HVAC
    • Communications systems

    Rates and Terms

    IO’s lending rates provide equitable access to affordable financing for all clients. To view today’s lending rates click here. Clients may select repayment terms of 5 to 25 years, to match the life of the capital asset or the term of the LTC license. 

    For more Information

    Contact your regional account manager, please click here.