Residential Rehabilitation Assistance Program - Conversion (RRAP-C) On-Reserve
What is RRAP-C On-Reserve?
RRAP - Conversion On-Reserve provides financial assistance to convert non-residential properties into affordable self-contained housing units.
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Who is Eligible?
Eligible clients are First Nations and private entrepreneurs owning and converting non-residential properties located on-reserve to create affordable accommodation for low-income households.
Eligible properties must be:
- the household incomes of their tenants are at or below the established thresholds (these vary based on household size and geographic location)
- environmentally safe
- feasibly converted to residential accommodation
- viable based on agreed post-conversion rents
What assistance is available?
The assistance is a fully forgivable loan, which does not have to be repaid provided the terms and conditions are met. The maximum loan amount is $60,000* per unit.
*For northern or remote areas the maximum total amount may be increased by an additional 25 percent.
Only work related to the conversion and rehabilitation of non-residential properties to create residential units is eligible.
Important: any work carried out before application is approved in writing is not eligible.
Where can I get more information?
Contact your CMHC Consultant or local CMHC office. You can also contact CMHC at 1-800-668-2642.