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Housing Providers


 

As announced in the 2008 Ontario Budget, the Infrastructure Ontario Loan Program has been expanded to include Housing Providers.

We look forward to helping clients within this sector achieve their infrastructure goals.

EligibilityLink to Customer Relations

Housing Providers in Ontario that meet the following criteria may apply for an Infrastructure Ontario Loan for capital expenditures:

• Corporations incorporated as local housing corporations pursuant to Part III of the Social Housing Reform Act, 2000, non-profit housing providers and co-operative housing providers that provide or will provide housing under a federally, provincially or municipally funded housing program in Ontario are specified as public bodies for the purposes of paragraph 1 of section 3 of the Act. O. Reg. 220/08, s. 8 (1).

Housing co-operatives funded under federal government programs are not eligible for Infrastructure Ontario financing. For more information on eligibility requirements please see the Program Guidelines.

Eligible Projects

Infrastructure Ontario loans can be used for any capital costs, including:

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

Check our current low lending rates.

As your capital financing partner, Infrastructure Ontario works with you to develop the best financing solution to meet your infrastructure needs. We understand the unique needs and complex development challenges facing housing providers and other public infrastructure providers.

Application Process

All housing providers must pre-register for an Infrastructure Ontario loan.

Social Housing applicants must submit their Articles of Incorporation/Letters Patent AND complete a pre-registration form that evaluates the debt service capability of the provider prior to receiving their user id and password. To access the pre-registration form, please click here.

Housing providers who are applying for Affordable Housing Program projects must submit their Articles of Incorporation/Letters Patent AND a Conditional Letter of Commitment from Ministry of Municipal Affairs and Housing prior to receiving their user name and password.

Once pre-registration is complete: to obtain a username and password for the WebLoans Online Application System, please contact Infrastructure Ontario at 1-800-230-0937.

Clients that have already obtained a username and password can login to the WebLoans Online Application System anytime.

WebLoans Online Application

For further details about Infrastructure Ontario’s Loan Program, please see the Program Guidelines. Infrastructure Ontario staff would be pleased to answer any questions through our toll-free hotline: 1-800-230-0937.

Please Note: Infrastructure Ontario reserves the right to withdraw applications if they become inactive for more than one year.

Loan Program
RESOURCES

LOAN PROGRAM 101
Sector Guidelines
Sector Presentation
Applying for a Loan - Affordable Housing
Serial vs Amortizer Debentures
Glossary of Terms

TOOLS
Loan Payment Calculator
Social Housing Pre-registration Form

LOAN PROFILES
Client Profiles
Loan Program Activity

OTHER FUNDING RESOURCES
click here for more information

STRATEGIC PARTNERSHIP PROGRAM
click here for more information


   
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Last Updated: 7/16/2010 3:03:43 PM