Where would I apply for interest free loan?

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Where would I apply for interest free loan?

Pat Morrison Aug. 31, 2020Last updated: Sept. 25, 2020

We will be building a new home soon. We want to make the house green.

Responses (3)

Robert J. Pierson Aug. 31, 2020, 2:17 p.m.

I don't fully understand sorry. Do you mean you are hoping to get an interest free bank loan for building a green home? I don't know that you would ever find such a thing. A 'green' or more energy efficient home is something all of us would want, and no bank I know of gives away interest free loans. You may be able to find a bank that gives better rates for homes certifed LEED or Passive House perhaps, you could try looking on this page first, maybe there is something local to your region -

Financial incentives and tax credits for home renovations and green home construction

And other than that I would try searching the web for banks in your region to see what is offered.

Greg Gibbons Sept. 1, 2020, 10:53 a.m.

I'm guessing the question posted is based on the article on the ecohome site:

Stimulate the green home construction industry

Green home tax credits and interest-free loans are the best return on investment for government stimulus.

There is no link or followup to the above statement in the ecohome article so curious what this incentive is and how to aply.

Greg Gibbons Sept. 1, 2020, 10:57 a.m.

From the ecohome site:

0% loans & Grants for Green Home Renovations & Construction - A Boost for Canadians in 2020

Green Home Renovation Tax Credits, Net Zero Home Grants & interest free loans & incentives for home renovations will all help Canadians to live more sustainably in 2020 & beyond - Ecohome has the details… Green Home Incentives: Net Zero Home Grants & Zero Interest Home Renovation Loans for 2020 Whatever the politics…

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