CMHC Green Home Program

I'm told it is a good thing when you are too busy to blog and this past few months have definitely been busy! When I came across a press release about this new CMHC program though, I figured I had to make the time for a quick blog post.

More than 17 percent of the energy consumed in Canada is used to run our homes. Buying an energy-efficient home or making energy-saving renovations can offer big savings. With the CMHC Green Home program, you may be able to save 10% of your mortgage insurance premium just by buying an energy efficient home. And it doesn't end there - if you buy an energy efficient home (or make your home more energy efficient), the savings continue year after year.

Basically, the program says...if you use CMHC insured financing to buy an energy-efficient home, purchase a house and make energy-saving renovations or renovate your existing home to make it more energy-efficient, a 10% refund on the Mortgage Loan Insurance premium may be available.

So you save money while helping to save the planet. What's not to love about this program!

For more details, check out this page on the CMHC site