Infrastructure Ontario’s Loan Program was recently expanded to include community health and social services hubs across Ontario.
With a convenient online application, no additional fees and flexible terms (up to 25 years), our loans provide affordable access to the capital markets for those who are otherwise unable.
Infrastructure Ontario’s knowledgeable staff is here to work with you to develop the best financing solution to help you achieve your goals.
Eligibility
Non-Profit organizations in Ontario that own or operate, or are planning to own or operate a community health and social services hub may apply for an Infrastructure Ontario Loan for capital expenditures. To qualify as a community health and social services hub the project must include at least one of each of the following two types of organizations:
- Community Health Organizations, such as:
- Community health centre
- Aboriginal health access centre
- Mental health and substance abuse centre
- Supportive housing
- Social Service Organization/Agency Funded by:
- Ministry of Community and Social Services
- Ministry of Citizenship and Immigration
- Ministry of Child and Youth Services
For further information on eligibility requirements please see the program guidelines.
Eligible Projects
Infrastructure Ontario (IO) loans can be used for any capital investments, including:
- Facility expansion, renovation and retrofits
- Facility or land acquisition
- New construction projects
- Energy efficiency projects (windows, doors, lighting, etc.)
- Water, hydro, HVAC and communications systems
- Accessibility improvements
- Vehicles and maintenance equipment
Rates and Terms
IO’s lending rates provide equitable access to affordable financing for all clients. Lending rates are based on the credit strength of each sector. To view today’s lending rates, click here.
Clients may select repayment terms of 5 to 25 years; but in any event, the repayment period must not exceed the expected life of the capital asset.
How to Apply
Register for a username and password by contacting Infrastructure Ontario at 1-800-230-0937.
The following documents will need to be provided to Infrastructure Ontario to obtain a username and password:
- Articles of Incorporation/Letters Patent
- Documentation showing corporate structure which demonstrates that the organization is a community health and social services hub
- Documentation confirming there is a funding agreement from the LHIN for the community health service provider
- Documentation confirming there is a funding agreement showing there is funding in place for the eligible Ministry if it is a social service provider
A user name and password will be e-mailed after Infrastructure Ontario has verified the registration information.