Government Programs for Housing

Housing programs are intended to assist homebuyers in the purchase of their home. There are various programs provided by each level of government. There are also opportunities to access co-operative housing support programs offered by not-for-profits in the private sector.

Federal Programs

• Canada Greener Homes Grant
• First-Time Home Buyer Incentive
• GST/HST New Housing Rebate
• Multigeneration Home Renovation Tax Credit

Provincial Programs

• First-Time Homebuyers’ Tax Credit
• PST Rebate for New Home Construction
• Secondary Suite Incentive (SSI) Grant Program

City of Regina Programs

• Housing Incentive Programs

Private Sector Programs

• National Affordable Housing Corporation (NAHC) Down Payment Assistance Program

Federal Programs

Canada Greener Homes Grant

• The Canada Greener Homes Grant will help homeowners make their homes more energy-efficient, create new jobs across Canada for energy advisors, grow our domestic green supply chains, and fight climate change. What’s available through the initiative? Up to 700,000 grants of up to $5,000 to help homeowners make energy efficient retrofits to their homes, such as better insulation. EnerGuide evaluations (worth up to $600) and expert advice to homeowners so they can begin to plan their retrofits. Recruitment and training of EnerGuide energy advisors to meet the increased demand; this will create new jobs across Canada. Learn more about the Canada Greener Homes Grant.

First-Time Home Buyer Incentive

• The First-Time Home Buyer Incentive helps people across Canada purchase their first home. The program offers 5 or 10% of the home’s purchase price to put toward a down payment. This addition to your down payment lowers your mortgage carrying costs, making homeownership more affordable. Learn more about the First-Time Home Buyer Incentive.

GST/HST New Housing Rebate

• Learn more about the GST/HST New Housing Rebate.

Multigenerational Home Renovation Tax Credit

• A tax credit worth 15% of the value of qualifying expenses to a maximum of $50,000, which equals $7,500 is available for creating a secondary suit unit in the home that will be occupied by a relative who is 65 years in age or older of the homeowner.
  • Learn more about the Multigenerational Home Renovation Tax Credit

Provincial Programs

First-Time Homebuyers’ Tax Credit

• The First-Time Homebuyers’ Tax Credit is a provincial non-refundable income tax credit of up to $1,050 to eligible taxpayers on qualified homes. Learn more about the First-Time Homebuyers’ Tax Credit.

PST Rebate for New Home Construction

• The Provincial Sales Tax (PST) Rebate for New Home Construction provides a rebate of up to 42% of the PST paid on the purchase of a new, previously unoccupied home (newly constructed home). The rebate is:
  • Retroactive to April 1, 2023 and runs through to March 31, 2026
  • The rebate program and eligibility are the same as the original with one important change. The eligible amount increases by $100,000 from the previous rebate. This moves the full limit to $450,000 (not including land), the rebate is reduced when the total price of the newly-constructed home is between $450,000 and $550,000 (not including land) and the ineligible amount increases from a ceiling of when the price is greater than $450,000 to $550,000
    • PST Rebate Form 2023
    • PST Rebate – Information Bulletin
    • Learn more about the PST Rebate: Benefits – Eligibility – How to Apply – Further Information

Secondary Suite Incentive (SSI) Grant Program

• The new SSI grant program will provide 35% of the cost to build a new secondary suite at an owner’s primary residence, to a maximum grant of $35,000 per qualifying property.
• Qualifying secondary suites must be on the property of a single-family home and include a separate entrance, full kitchen and full bathroom and meet all national, provincial, and municipal bylaws, codes and standards to be used as a rental unit. Costs of renovating an existing secondary suite or the primary residence are not eligible.
• The Secondary Suite Incentive can be applied to a Basement Suite, Garden Suite, Laneway Home, or Garage Suite. The determining factor will be if the local municipality approves the secondary unit, the Ministry will accept it as eligible for the grant. The regulations, applications form and program guidelines will be published on the SSI webpage in January 2024.
• Conversion of an existing space in a single-family home into a secondary suite is also eligible.
• Program sunsets March 31, 2026
  • Secondary Suite Incentive (SSI) Grant Program Form
  • Learn more about the SSI Grant Program

City of Regina Programs

Housing Incentives Program

• The City offers residential tax exemption programs and capital grants for newly-constructed rental housing and ownership housing that meets eligibility and affordability requirements. Learn more about the City of Regina Housing Incentives Program.

Private Sector Programs

National Affordable Housing Corporation (NAHC) Down Payment Assistance Program

• The National Affordable Housing Corporation helps individuals, couples and families find affordable housing answers. We provide rentals that are family-friendly, clean and built to a high quality, and offer down payment programs to help people stop renting and own their own home. Learn more about NAHC.