Back to Grants
ON
City of London Additional Residential Unit Construction Loan Program
Interest-free construction loans support approved additional residential unit projects in eligible London areas.
About this program
The City of London Additional Residential Unit Construction Loan Program provides financing support for owners building additional residential units in eligible Community Improvement Plan areas. The program helps cover eligible construction or conversion costs for approved secondary or accessory residential units that increase rental or housing supply.
Eligibility
Eligible applicants are owners of properties in eligible London Community Improvement Plan areas who are constructing approved additional residential units.
Requirements
- Property must be in an eligible Community Improvement Plan area.
- Project must create an eligible additional residential unit.
- Applicant must apply before construction starts.