Renovation Resources and Incentives
Renovation resources at your fingertips
Welcome to Renovation Resources Hub, your ultimate destination for a seamless home renovation journey. Whether you're planning a minor update or a major overhaul, we've got you covered with an array of homeowner-focused tools designed to make your project a success. Explore our comprehensive guides, detailed worksheets, and valuable tax credit information, all tailored to simplify your renovation process. Empower yourself with the knowledge and resources to transform your living space while maximizing your investment.
Tax Credits, Loans & Financing
Canada Greener Homes Loan Program
The Canada Greener Homes Loan Program (CGHLP) is a federal initiative designed to help Canadians make their homes more energy efficient. It provides interest-free loans to support retrofits (renovations) recommended by an energy advisor, helping reduce energy bills and environmental impact. Learn more here.
Multigenerational Home Renovation Tax Credit
The Multigenerational Home Renovation Tax Credit (MHRTC) is a refundable tax credit introduced by the Government of Canada to support families who renovate their homes to accommodate multiple generations under one roof. It helps offset the cost of creating a secondary dwelling unit for a qualifying relative. Learn more here.
Home Accessibility Tax Credit
The Home Accessibility Tax Credit (HATC) is a nonrefundable tax credit from the Government of Canada that helps offset the cost of renovations that improve the accessibility, safety, or mobility within a home for seniors or individuals with disabilities. Learn more here.
CMHC REFINANCE
CMHC Refinance can help homeowners add a secondary suite to their existing home, such as a basement suite, an in-law apartment or a laneway home. Learn more here.
CMHC IMPROVEMENT
CMHC Improvement offers flexible financing for homebuyers purchasing an existing home and renovating. CMHC Improvement makes it easier for clients to finance their residential property purchases + home improvements with lower down payments. Learn more here.
CMHC ECO IMPROVEMENT
Eco Improvement offers a 25% partial premium refund to borrowers who buy existing homes and make energy efficient improvements. Learn more here.
Guides & Worksheets
A Homeowner Guide to Renovation Contracts
This visual guide educates homeowners on different types of renovation contracts and work orders. Share this guide from CHBA with your potential clients to demonstrate your professionalism and credibility.
Contractor Interview Worksheet
Use this worksheet when interviewing a potential contractor for your next home project.
Worksheet A: Changes to your home
Use this worksheet to list items and features that you would like to change in your home.
Worksheet B: Goals
Use this worksheet to write down your renovation goals. These goals should describe what you want to achieve with your renovation in terms of daily living.
Worksheet C: Wishlist
Use this worksheet to record the specific features and products you would like to include in your renovation. These ideas can come from many sources such as other renovations you have seen, design magazines, the Internet, retail showrooms, home shows, etc.
Worksheet D: Future Needs
Use this worksheet to record any anticipated lifestyle changes that could affect your renovation plans.
Other Resources
RenoMark
The RenoMark program serves to connect homeowners to professional renovators and contractors who are committed to quality workmanship and customer satisfaction. Available exclusively to CHBA members who complete the online RenoMark verification process.