Financing

Age at Home Canada can help you access funding and tax credits relevant to your Age at Home renovation. Whether it’s a bathroom renovation or installing an elevator, we can walk you through the process to identify which credits and funding applies to your or your parent’s situation.

Are You Eligible for Healthy Homes Renovation Tax Credit?

Healthy Home Renovations Tax Credit – For Ontario residents, the Healthy Homes Renovation Tax Credit is specifically designed to assist in the costs of renovations to help you or a loved one age at home. The tax credit is based on a 15% refundable amount on maximum spend of $10,000 in a single calendar tax year giving.

"The Healthy Homes Renovation Tax Credit is a permanent, refundable personal income tax credit for seniors and family members who live with them. If you qualify, you can claim up to $10,000 worth of eligible home improvements on your tax return. The amount of money you get back for these expenses is calculated as 15 per cent of the eligible expenses you claim. For example, if you spend and then claim $10,000 worth of eligible expenses, you could get $1,500 back.

Adaptability Canada can help you maximize your Healthy Home Renovations Tax Credit to ensure maximum return for your accessibility renovation.

To find out more visit: http://www.ontario.ca/page/healthy-homes-renovation-tax-credit

Age At Home Funding

Adaptability Canada offers financing solutions in partnership with Northwood Mortgage including reverse mortgages and home refinancing. For more on how to leverage the equity in your home to fund your accessible home renovation, please contact us to book an appointment.

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Age at Home Canada is a one-stop shop for seniors, family caregivers, and people with disabilities who want to renovate their home to make it safe, accessible, comfortable and stylish.

Currently available to Ontario Residents Only.

Are You Eligible for Healthy Homes Renovation Tax Credit?

Age At Home Funding

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