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The financial assistance is paid in a single instalment once the new owner has
<TABLE class=ehab_GreyTabBG cellSpacing=0 cellPadding=0 width=560 border=0><TBODY><TR><TD>
</TD><TD width=5><TABLE class=ehab_GreyTabBG cellSpacing=0 cellPadding=0 width=560 border=0><TBODY><TR><TD>What is the amount of financial assistance?
Financial aid is granted for the purchase of property and varies according to the type of housing and, in the case of new properties, the type of household:
<TABLE cellSpacing=5 cellPadding=5 width=540 align=center border=0 summary="Exemples d’aide financière"><TBODY><TR><TH class=ehab_GreyTabBG width=220>property type
</TH><TH class=ehab_GreyTabBG width=100>maximum eligible purchase price<SUP>1</SUP>
</TH><TH class=ehab_GreyTabBG width=100>maximum eligible property value
</TH><TH class=ehab_GreyTabBG width=100>financial assistance
</TH></TR><TR><TD class=ehab_GreyTabBG>New residential unit–household without children</TD><TD class=ehab_GreyTabBG>$165,000</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$6,500</TD></TR><TR><TD class=ehab_GreyTabBG>New residential unit–household with at least one child under 18 years of age at the moment of the purchase</TD><TD class=ehab_GreyTabBG>$200,000</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$7,500</TD></TR><TR><TD class=ehab_GreyTabBG>Existing duplex</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$176,000</TD><TD class=ehab_GreyTabBG>$5,500</TD></TR><TR><TD class=ehab_GreyTabBG>Existing triplex</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$206,000</TD><TD class=ehab_GreyTabBG>$7,500</TD></TR><TR><TD class=ehab_GreyTabBG>Existing fourplex</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$230,000</TD><TD class=ehab_GreyTabBG>$8,000</TD></TR><TR><TD class=ehab_GreyTabBG>Existing fiveplex</TD><TD class=ehab_GreyTabBG>-</TD><TD class=ehab_GreyTabBG>$258,000</TD><TD class=ehab_GreyTabBG>$8,500</TD></TR></TBODY></TABLE><SUP>1</SUP> Including taxes and extras
If the property is certified by the Novoclimat energy efficiency program, the maximum purchase may be increased by $2,500.
The financial assistance is paid in a single instalment once the new owner has proven that he occupies the dwelling and has met all other program requirements.
The program ends on December 31, 2007 or when the funds of the program are exhausted.
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