CMHC has a financial assistance program that can help seniors stay in their homes longer. The government agency will cover the cost of home adaptability renovations, like handrails and tub rails to help low-income seniors keep their home.
Home owners and landlords, if they meet the criteria for application, can receive up to $3500 in a forgivable loan to adapt the living environment for a senior living there. You don’t have to re-pay the loan, as long as you meet the conditions of the loan. The senior must be a permanent resident there for at least six months.
Interested in finding out more information, check it out at the CMHC web site.