Gander Secondary/Basement Suite Incentive Program

In plain language

Forgivable loan covering 50% of renovation costs up to $40,000 to create a self-contained secondary or basement suite in the applicant's primary Gander residence. Must rent below-market for 5 years to tenant earning <$42,000 (not a sibling/child, parents 65+ allowed). Funded via Gander's $4.35M HAF allocation. Real money for middle-income homeowners who can add a legal suite; the 5-year rent restriction is the catch. Building permit required post-2024-01-01.

Who qualifies

What you'll have to report

Rental registry reporting for 5 years, proof of tenant income <$42K, rent-roll, building permit, inspection sign-off.