City of Toronto – Home Energy Loan Program (HELP)
For more information and to apply, please visit: http://www.toronto.ca/home-energy-loan
For more information and to apply, please visit: http://www.toronto.ca/home-energy-loan
Through the City of Toronto’s Home Energy Loan Program (HELP), you can get a low-interest loan to cover the cost of a new high-efficiency furnace, new windows, doors, insulation and more. And if you want to go the extra mile, the loan can also cover the cost of solar rooftop panels, solar hot water heaters, and geothermal heating and cooling!
The great thing about Toronto’s Home Energy Loan Program, is that at the same time that you make your home more comfortable and reduce your energy bills, you’ll also be reducing the emissions that contribute to climate change.
Low-interest rates and great terms
In addition to offering low-interest rates (starting at 2%), and repayment terms of up to 15 years, you can repay the loan at any time without penalty. And if you sell your home and don’t want to pay off the loan, the new homeowner can assume the payments. Sound too good to be true? It’s not!
Save energy, money and more!
The results are impressive. On average, HELP participants::
You can get a loan of up to $75,000 for your improvements. The process begins with an easy online application. The HELP team will then connect you with a Registered Energy Advisor, help you access the incentives provided by the utility companies, and do what they can to make the process smooth and seamless.
Here’s what one HELP participant had to say about their experience retrofitting their Scarborough home:
“We wanted to make our home more energy efficient and HELP was a fit for our needs. The renovations would add value to our property. It was an easy experience for us and we are very appreciative!”
The City’s HELP team is available to support you throughout the process. Ready to get started? Have a few questions? We’d love to hear from you.
Contact us at 416-392-1826 or learn more at toronto.ca/home-energy-loan.
Toronto contractors and homeowners can benefit from the low-interest financing tool offered by the City for home energy improvements.
The City of Toronto’s Home Energy Loan Program (HELP) makes it easier for Toronto homeowners to undertake a variety of home improvements.
Through HELP, homeowners can get a low-interest loan of up $75,000 to cover the costs of these improvements:
How can HELP benefit you, a Toronto area contractor?
Well, it all begins with the homeowner. With a low-interest loan from the City of Toronto, it’s easier for homeowners to take on high-cost renovations and pay for them over time as they save on their energy bills. And by making it easier for residents to improve their home, HELP can benefit you as well.
The more homeowners know about HELP, the easier it will be for you to seal the deal. Plus, there is no paperwork involved for contractors!
So, you can help your clients make the decision to proceed with their home improvements by spreading the word – by letting homeowners know about HELP and the low-interest loans available to them.
What’s in it for homeowners?
In addition to offering homeowners low-interest rates (starting at 2%), and repayment terms of up to 15 years, homeowners can repay the loan at any time without penalty. And the results are impressive. On average, HELP participants use 30% less energy, save $560 per year on energy bills and get up to $2,250 in utility incentives.
What’s more, City staff will guide homeowners through the steps to ensure a smooth and seamless experience. They’ll help homeowners access the incentives and rebates available from utility companies and connect them with a Registered Energy Advisor who will advise them on which upgrades are right for their home.
For more information about HELP, and to request materials that can help you spread the word, contact us at 416-392-1826 or visit toronto.ca/home-energy-loan.
Creative concepts could do a lot help housing affordability
It’s the one thing everyone in the GTA seems to be talking about these days: the soaring price of real estate. It’s a sticky wicket to be sure, and it’s left many wondering if they’ll ever be able to find a place to call home in this bustling metropolis. Here are three creative concepts that could do much to alter the affordability equation.
The City of Toronto has more than 2,400 laneways and publicly owned corridors covering 250 linear kilometres. Laneway houses are small homes built above garages that face these laneways. Development of such secondary suites — which are serviced from the main house like a basement apartment — could inject considerably more affordable homes into the Toronto rental market. And advocacy groups, like Lanescape and Evergreen, are partnering with the city to look at ways to clear the bureaucratic path toward the development of laneway housing.
This kind of gentle intensification can add value to existing properties for owners, and, in providing a much needed infusion of supply into the rental market, provide more people access to affordable housing.
They’re known in Paris as “parasite homes,” and they would be an ingenious solution to the affordability problem here in the GTA. These apartments are perched upon the roofs of existing buildings. The prefabricated units are built offsite then bolted to the structure with steel supports, a construction process that takes under a year. And these units are priced 40 per cent cheaper than comparable properties.
Paris is calling for 70,000 new dwellings to be built each year, and parasite homes are a good way to squeeze all those new homes into the densely populated French capital. Parasite homes are an innovative idea and one that could help Toronto to provide more people with housing options they can afford. And building owners would also stand to make a good return for thinking a bit outside the box.
Don’t let the name fool you. In-law suites — secondary dwellings within a home — can be rented out to anybody you choose. And they’re growing in popularity as more and more people in the GTA face affordability challenges.
In-law suites are cheaper to rent than standalone apartments and they provide an effective and relatively easy way for homeowners to pay off their mortgages or pad their retirement incomes. Of course, these suites can be used to house aging in-laws (but it’s probably not cool to charge granny rent). Or, perhaps more common in today’s economy, it could be the cash-strapped younger generations remaining at home, but wanting an independent living situation.
Secondary flats typically include sleeping and living areas, a basic kitchen and a separate entrance. They can be created via a garage conversion or basement reno. A unit could be a bump-out or addition on the home. Or it might be a separate cottage or a back house on the property.
Owners could also create an in-law apartment by combining rooms in the existing house without changing the original footprint.
The governing bodies of the GTA have to be more creative and open minded in dealing with the shortage and affordability issues in our housing market.
Debbie Cosic, CEO and founder of In2ition Realty, has worked in all facets of the real estate industry for over 25 years. She has sold and overseen the sale of over $15 billion worth of real estate and, with Debbie at the helm, In2ition has become one of the fastest-growing and most innovative new home and condo sales companies. In2ition has received numerous awards from the Building Industry and Land Development Association and the National Association of Home Builders.
Who’s Who of Architecture & Real Estate to Unveil Toronto of the Future® Showcase Event Scheduled for June 26 –30 at Metro Hall / MetroCentre
Toronto, June 9, 2017 — Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future®, a unique display of ideas for commercial, industrial and residential developments and urban infrastructure and transportation projects that will shape Canada’s most dynamic city in the years to come.
Toronto of the Future® is a free exhibit of major architectural concepts to be held from June to 26 to 30, 2017 at MetroCentre / Metro Hall (55 John St.). The event is co-hosted in collaboration with the City of Toronto and Oxford Properties Group. The first biennial edition of the event was held in the same venue in June 2015 and was a resounding success.
This not-to-be missed event will feature groundbreaking 3D scale models, illustrations, renderings and virtual presentations from top architects, contractors, developers and government agencies, including the City Planning Division of the City of Toronto. The displays will include various projects under construction, approved, planned or envisioned, but all will inspire the conversation of the evolution of a great city. Key stakeholders from the private and public sectors will be brought together to demonstrate to the public and media their leadership in contributing to the evolution of Toronto.
Thousands of visitors are expected to tour the showcase, in addition to the many people who pass through Metro Hall / MetroCentre every day.
Jennifer Keesmaat, Chief Planner, City Planning Division of the City of Toronto, co-host of the exhibition, declares: “Toronto is a leading city in the Western Hemisphere with respect to the unprecedented scale of urbanization, redevelopment and renewal we see today. We expect this trend of rapid change to continue and as a result we need to continue to push our thinking with respect to what the city could become. As a result, the timing is excellent to present TORONTO OF THE FUTURE”.
OPENING HOURS OF THE EXHIBITION (open to the public, free of charge)
Monday June 26, NOON – 4:00 pm
Tuesday June 27, 9:00 am – 9:00 pm
Wednesday June 28, 9:00 am – 9:00 pm
Thursday June 29, 9:00 am – 9:00 pm
Friday June 30, 9:00 am – 5:00 pm
PARTIAL LIST OF PARTNERS & EXHIBITORS CONFIRMED
Compiled as of June 7. More exhibitors and partners will be added to the list.
* = Key partners presenting several projects in the showcase
VENUE CO-HOSTS OF THE EXHIBITION
OTHER EXHIBITING PARTNERS (non-exhaustive list)
BACKGROUND INFORMATION / EVENT OVERVIEW
Based on the great success in Montreal held every two years since 2006 under the title ‘Montréal du Futur®’, the Toronto version of this unique public event will showcase multiple major commercial-office, residential, institutional real estate projects as well as transportation/infrastructure projects that will shape the skyline of Metropolitan Toronto over the next few years. This free event brings together several key business and civic organizations who contribute to the future development of the city, as well as the media and the general public. TORONTO OF THE FUTURE® brings together key real estate stakeholders in a unique neutral, educational and information-sharing setting. This urban development and infrastructure event will attract significant public interest.
The event will feature around 25 exhibitors, most showcasing multiple projects.
TORONTO OF THE FUTURE® will include various types of projects:
Target audiences of TORONTO OF THE FUTURE® include:
OFFICIAL OPENING CEREMONY ON JUNE 26
The official opening ceremony and reception (the only activity not open to the public free of charge) will take place on Monday June 26 at 6:00 p.m. in the King Tower Wintergarden, MetroCentre (225 King Street West) and will feature special guest Jennifer Keesmaat, Chief Planner, City Planning Division, City of Toronto. The cocktail reception will begin with speeches and a symbolic ribbon cutting ceremony. A cocktail reception will then follow. Hundreds of guests who are passionate about the urban and economic development of Toronto will be in attendance. Wine, beer and hors d’oeuvres will be served. To purchase tickets ($200 + tax each, in limited quantity), please contact firstname.lastname@example.org.
CITIES OF THE FUTURE MANAGEMENT– EVENT FOUNDER & ORGANIZER
Cities of the Future Management is a leading special events firm established by Robert J. Vezina, founder of Montréal du Futur and Toronto of the Future, two real estate and architectural exhibitions that bring together key real estate stakeholders and offer visions of how Toronto and Montreal are developing. It is the owner of the trademarks of Montréal du Futur® and Toronto of the Future®.