Quote:
Originally Posted by powderjunkie
It'll be interesting to see the details and how they compared to the Canada Green Homes Loan (and grant).
CGHL: up to $40k; 10 year repayment with 0% interest. Have to jump through audit hoops, but would also get $5k in grant money.
vs.
Up to $50k; 15 year repayment with 'low interest'. Maybe less red tape?
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I was going to do the City property tax loan when it was first announced but have changed my mind and will be trying for the federal loan. I haven't applied for the federal loan yet so I guess if it is denied for some reason I'll go with the city loan.