If you purchased your home with less than a 20% down payment, you likely paid for CMHC mortgage loan insurance. But did you know that the CMHC Eco Plus program offers a partial premium refund of up to 25% for energy-efficient renovations?
Does a Porch Enclosure Count?
While railings themselves are safety features, a full glass porch enclosure can act as a buffer zone for your home's entrance, reducing heat loss in winter and keeping your home cooler in summer. This contributes to the overall energy efficiency of your building envelope.
How to Qualify
To qualify for the refund, you typically need to:
- Have CMHC-insured financing.
- Conduct an energetic evaluation before and after the work.
- Improve your home's energy rating by a specific margin.
Safety Upgrades
While CMHC focuses on energy, don't overlook the value of safety. Replacing non-compliant railings is often a requirement for insurance renewals or refinancing approvals. Ensuring your home meets current building codes (SB-13) protects your investment and your family.
Note: Program details change. Always check the official CMHC website for the latest eligibility criteria.
