Financial assistance for the purchase of a Novoclimat home
Consumers who opt for a new home that has been Novoclimat-certified are entitled to financial assistance.
Financial assistance details are as follows:
- $2,000 for a house that has been Novoclimat-certified and built entirely on site by a Novoclimat-certified contractor;
- $2,000 for a pre-fabricated home assembled entirely by a Novoclimat-certified contractor. The house can receive Novoclimat certification if the contractor provides a turnkey service;
- $1,500 for a pre-fabricated home where you do a portion of the assembly and installation work that pertains to Novoclimat requirements. The house cannot receive Novoclimat certification but could be granted a performance certificate.
Your building contractor will give you all the required documents and forms to request financial assistance from the Department. Certified contractors also have access to financial assistance for each home that receives certification.
In the case of apartment buildings or condominiums, financial assistance amounts are paid out in full to the project developer to help him absorb the overrun of costs linked to the satisfaction of Novoclimat requirements. The developer benefits from financial assistance for each unit that is built.
Consumers who opt for a certified apartment or condominium are not eligible for financial assistance.
To find out more, please consult the financial assistance chart (French version, PDF | 35 Ko).
Rebate from the Canada Mortgage and Housing Corporation (CMHC)
Did you know that the Canada Mortgage and Housing Corporation (CMHC) offers a discount of 10% on your insurance premium when you purchase a new Novoclimat-certified single-family home?
For example, a mortgage of $200,000 with a down payment of 5% will save you $550.
Visit their Web site for more details.
