The timeline for submitting applications for the Residential Construction Rebate Program is now closed.
Only those applications received/postdated on or before August 7, 2020 will be processed.
There has been significant response to this program. Over the coming weeks, applications will be reviewed in the order they were received.
Both the Department of Finance and the CHBA-NL continue to receive hundreds of calls and emails seeking status updates, which is causing delays in reviewing and processing applications. If you have submitted an application as a contractor or as a homeowner, we request your patience.
All homeowner applicants will receive a response from the Department of Finance whether they qualify for the rebate or not.
For information on the status of your application please email email@example.com
The Honorable Tom Osborne, Minister of Finance and President of Treasury Board, announced a new Residential Construction Rebate Program that will allow homeowners to save money on construction and renovations, while also helping to stimulate the economy and employment in the province’s construction industry.
Homeowners can qualify for the Residential Construction Rebate in one of two ways:
25% rebate on home renovation projects, up to a maximum rebate of $10,000, for principal residences, for eligible home renovation projects. Total project costs must exceed $1,000 (before HST).
New Home Construction
A rebate of $10,000 is available for new home construction on homes valued up to $350,000 before HST.
The rebate will apply to work on a primary residence contracted within a 60-day period from the start of COVID-19 Alert Level 3, and the project must be substantially complete by March 31, 2021. To qualify, homeowners must use an eligible contractor, which includes those who have general liability insurance and are registered (i.e., HST registered, valid Business Number or Workers Compensation registered).
This $30 million program funding will come from the COVID-19 contingency fund approved through the House of Assembly on March 26, 2020. It is estimated that this program will contribute to economic growth, incomes and employment.
The Department of Finance, via the Canadian Home Builders Association, will begin accepting applications for the Residential Construction Rebate Program beginning on June 8, 2020.