More nonprofits welcome in Ontario loans program

publication date: Sep 10, 2011
Expanded eligibility requirements give more Ontario nonprofits access to affordable, long term fixed rate (up to 40 years) infrastructure loans.  The loan program has been changed to include:

  • Not-for-profit organizations that own or operate community hubs where both community health and social services are located together
  • Community Health Centres, Aboriginal Health Access Centres, Community Mental Health & Addiction Centres, Boards of Health/public health units and Supportive Housing as part of Community health organizations
  • Community agencies that are funded by the Ministry of Children and Youth Services or the Ministry of Community and Social Services, and newcomer settlement agencies
  • Not-for-profit sports and recreational organizations providing sports and recreational facilities

For more information about criteria, eligibility and the application process, visit: http://www1.infrastructureontario.ca/en/loan/index.asp


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