LogisVert - Financial assistance for builders
Highlights
The LogisVert program offers up to $250,000 in financial aid per house to help your business implement energy-efficient measures in new residential buildings. This is a great opportunity to make your projects more sustainable and cost-effective. You can use the funds for installing high-efficiency heat pumps, Energy Star certified air exchangers, and other advanced energy systems. This not only helps the environment but also adds value to your properties, attracting eco-conscious buyers.
The grant is provided based on the completion of specific energy-saving measures. There is no need to pay it back, making it a straightforward way to enhance your construction projects. Plus, the continuous intake means you can apply whenever you're ready, giving you flexibility in planning and execution.
Key Benefits:
- Significant Financial Aid: Up to $250,000 per house.
- No Repayment Required: It's a grant, not a loan.
- Eco-Friendly Upgrades: Attracts eco-conscious buyers.
- Flexible Application: Apply when it suits your project timeline.
By participating in the LogisVert program, you can make your new residential builds more energy-efficient and appealing, while also reducing costs. The process is designed to be straightforward, ensuring you can focus on what you do best—building quality homes.
Financing Details
Grant: The LogisVert program offers a non-repayable grant, meaning you won't have to pay back the funds provided. The maximum grant amount is $250,000 per house.
Eligible Expenses: The grant covers costs associated with the installation of energy-efficient systems in new residential constructions. This includes high-efficiency heat pumps, Energy Star certified air exchangers, solar thermal panels, and smart heating equipment.
Use of Funds: The funds must be used towards the eligible expenses listed. They cannot be used for operating costs, maintenance, or repairs of existing systems.
Fees: There are no application or processing fees associated with this grant. However, it's important to ensure that all documentation and compliance verifications are handled within the stipulated timelines to avoid any delays or disqualifications.
Qualifications
- Must be a construction or real estate promotion company with necessary permits from the Régie du bâtiment du Québec (RBQ)
- The measures must be implemented in new constructions such as single-family homes, duplexes, townhouses, mobile homes, chalets, multiplexes, or buildings with 19 units or less
- Residence must be located in Québec
- Residence must have a municipal address
- Residence must have a residential designation
- Residence must be habitable year-round
- Residence must be connected to an electric network (Hydro-Québec network, autonomous network, municipal or cooperative network)
- The installed measures must be completed after January 1, 2023
- The request for financial assistance must be submitted within nine months after completion of work
- Maximum financial assistance is $250,000 per house for the program duration
Disqualifications:
- Autoconstructors (self-builders) are not eligible
- Individuals without the necessary construction permits are not eligible
- Installing an electric heating system to replace a fuel heating system in autonomous networks is not eligible
Description
The LogisVert program offers up to $250,000 in financial aid per house to help your business implement energy-efficient measures in new residential buildings. This is a great opportunity to make your projects more sustainable and cost-effective.
You can use the funds for installing high-efficiency heat pumps, Energy Star certified air exchangers, and other advanced energy systems. This not only helps the environment but also adds value to your properties, attracting eco-conscious buyers.
The grant is provided based on the completion of specific energy-saving measures. There is no need to pay it back, making it a straightforward way to enhance your construction projects. Plus, the continuous intake means you can apply whenever you're ready, giving you flexibility in planning and execution.
Program Steps
Create Your Participation Profile
Visit the program portal at www.logisvert.ca to create or access your participation profile.Complete the Financial Assistance Application
Fill out the online financial assistance application form. Make sure to submit all required supporting documents.Prepare the Required Documentation
Gather the following documents for your application:- Construction permits
- Photos of installed energy efficiency equipment
- Copies of relevant licenses
Track Your Application Status
Monitor the status of your application through your participation profile. You will be notified if your application is incomplete or ineligible within approximately 20 business days.Compliance Verification
Hydro-Québec will contact you to schedule a visit to verify the installation of the energy efficiency measures. Be prepared to provide any additional documents they may request.Receive Financial Assistance
If your application is approved, the payment process will begin. You will receive the financial assistance amount by mail at the address you provided in your application.Notify of Address Changes
If your address changes, inform the LogisVert Program Support at 1 833 396-1888 to avoid any issues with receiving your funds.