Approved assistance will be either a grant or a forgivable loan. You may be required to repay the assistance if you do not abide by the agreed terms and conditions of the approval.

Assistance will be paid upon receipt of all of your original invoices or receipts and a signed Declaration of Work Completed which will outline the terms and conditions of your assistance. BC Housing is under no obligation to provide funds for work beyond that approved in writing by BC Housing.

If the work is not complete but the contractor has requested partial payment, you will need to submit your request for payment and an invoice for the work completed so far. During the course of the work, we will make up to three payments if requested, including the final payment. Any costs beyond the amount approved in writing must be paid in full before BC Housing will advance any assistance.

The Declaration of Work Completed will outline the terms and conditions of your assistance:

Homeowners are required to continue to own and occupy the home for up to three years, depending on the amount of assistance.
Inspections may be carried out by BC Housing or its representatives:
- Prior to approval — to ensure the scope of work is appropriate and reasonable.
- During construction – to confirm work is being completed as expected.
- Following the completion of work — to ensure that the approved adaptations have been completed and are functioning as intended.