Rental RAP
• For owners of affordable rental homes
• Rent being charged can be confirmed
• Home is at least five years old and lacks
basic health & safety features OR…
• Home requires major repairs in: heating,
structural, electrical, plumbing and fire
safety.
• Fully forgivable loan of up to 100% of
the cost of eligible repairs.
• Maximum grant $24,000
Rental Rates & Income Levels
Max Rent with Utilities
Bachelor or 1 bedroom - $616
2 bedroom unit - $715
3 bedroom unit - $735
Tenant Income Gross