The ReNew-It program is new to Canada. While our main priority is always home ownership, we have recognized the need to help people who currently own their homes but are experiencing financial hardship to maintain their home. With this in mind and with our current principle of a Hand Up, Not a Hand Out, we have created a 0% financed loan to cover home repairs that are needed to maintain good health. People who qualify for this program are much like our home owners in that they need to meet the criteria of eligibility to qualify.
Selection is objectively based on three basic criteria:
1. Demonstrated need
2. Willingness to partner
3. Ability to pay