How it works

°ÄÃÅÓÀÀû's modernized funding model â€” Long-Term Care Home Capital Development Funding Policy, 2022 Version 1.01 â€” creates 4 new market segments based on population size:

  • large urban
  • urban
  • mid-size
  • rural

The modernized funding model offers long-term care operators in each category:

  • an increased construction funding subsidy, tailored to the needs and challenges of the community which includes:
    • a base construction funding subsidy for all eligible projects including small- or medium-sized home premiums if applicable
    • a fixed, time-limited construction funding subsidy top-up, for eligible projects that meet specific criteria (part of which is convertible to a construction funding subsidy construction grant for eligible non-profit homes)
  • a development grant specific to the needs of each market segment, to help offset a portion of eligible project costs

The modernized funding model also continues to provide:

  • the planning grant to non-profit homes that meet eligibility criteria
  • a premium for small and medium sized homes

Eligibility

You may be eligible for development funding under the Long-Term Care Home Capital Development Funding Policy, 2022 Version 1.01 for either the development or redevelopment of long-term care beds that consists of one or both:

  • new construction â€” the construction of a new building outside an existing footprint
  • renovation â€” either within or outside of an existing building footprint

The planning grant is available to non-profit long-term care homes and will be paid to non-profit long-term care home operators after the execution of the Development Agreement.

An extension to the time-limited supplemental construction funding subsidy top-up is available to projects that can attain an approval to construct by November 30, 2024.

Questions

For more information, please contact LTCdevelopment@ontario.ca.