Hamilton has just launched an incredible program that’s perfect for homeowners looking to add value to their properties. Imagine transforming your home with an additional rental unit and getting financial support for it!
🔹 What’s the Deal?
The City of Hamilton is offering up to $30,000 for homeowners to add or renovate secondary rental units. This includes a $25,000 forgivable loan and an extra $5,000 grant for accessible modifications. It’s a fantastic way to increase your property’s value and generate additional income.
🔹 Why Consider This?
- Affordable Housing Solution: Tackle the housing shortage with innovative secondary suites.
- Diverse Housing Needs: Ideal for multi-generational living or creating a space for older adults.
- Financial Assistance: Benefit from the 15-year forgivable loan program.
- Boost Property Value: A secondary suite is not just an addition; it’s an asset.
🔹 Who’s Eligible?
Owners of single-family homes that are their sole and principal residence. Plus, the rent charged must be within the program’s guidelines.
🔹 Limited Opportunity
The program is on a first-come-first-served basis, so it’s the perfect time to act!
🛠️ Frontier Building Group is Here to Help!
As experts in creating beautiful, functional living spaces, we at Frontier Building Group are excited to help you take advantage of this program. Whether it’s adding a garden suite or transforming an existing space, we have the skills and experience to bring your vision to life.
📞 Ready to Explore the Possibilities?
Contact us today to discuss how we can help you create a stunning and profitable rental unit in your home. Let’s make the most of this fantastic opportunity together!