CMHC Rental Residential
Rehabilitation Assistance (Rental RRAP)
The Rental Residential
Rehabilitation Assistance Program (Rental RRAP) offers financial assistance to pay for
mandatory repairs to self-contained units occupied by low-income tenants.
Financial assistance is in the
form of a fully forgivable loan of up to 100% of the cost of eligible
repairs. The amount you could receive is based on the cost of mandatory
repairs and the number of eligible units in your rental property. If the
cost of mandatory repairs is more than the maximum forgivable loan
available, you, as the owner, will be required to cover the additional
To receive a loan, you
will enter into an agreement that places a ceiling on the rents that you
may charge after the repairs are completed and limits rent increases
during the term of the agreement. You must also agree to limit new
occupancy to low-income tenants.
For more information, visit
or phone CMHC at (604)
737-4185 or 1-800-639-3938.
Helpful Hint -
If you have any
renovations done to your rental property while a tenant is living there,
take lots of before and after pictures, and do another
Condition Inspection Report with your
Tenant in order to protect your investment.
►"I own a
property that currently has a low income tenant in it. I applied for the
Rental RRAP program and was approved for $16,000 in renovations. It's a
fantastic program...just be prepared to jump through some hoops to get the
approval." Lee B., Vernon BC