Hear At Last guiding clients towards Federal loan programs and other Government Incentives
Hear At Last Holdings (OTC Pink: HRAL) is tracking various government and financial initiatives aimed at facilitating secondary suite construction in Canada. The company highlights several key programs:
Canadian banks introduced Laneway House Mortgages in August 2024, offering construction loans for garden suites in major urban areas. The Federal Government's Secondary Suite Loan Program doubled its loan limit from $40,000 to $80,000 in December 2024, providing 15-year terms at 2% interest.
Additional regional initiatives include Simcoe County's Secondary Suites Program, offering up to $30,000 per unit, and Toronto's February 2022 expansion of garden suite permissions. These programs collectively aim to increase housing density and rental unit availability in urban areas.
Hear At Last Holdings (OTC Pink: HRAL) sta monitorando varie iniziative governative e finanziarie volte a facilitare la costruzione di suite secondarie in Canada. L'azienda evidenzia diversi programmi chiave:
Le banche canadesi hanno introdotto i Mutui per Case in Via nell'agosto 2024, offrendo prestiti per la costruzione di suite nei giardini nelle principali aree urbane. Il Programma di Prestiti per Suite Secondarie del Governo Federale ha raddoppiato il limite di prestito da $40.000 a $80.000 nel dicembre 2024, fornendo termini di 15 anni a un tasso d'interesse del 2%.
Ulteriori iniziative regionali includono il Programma per Suite Secondarie della Contea di Simcoe, che offre fino a $30.000 per unità, e l'espansione delle autorizzazioni per suite nei giardini a Toronto nel febbraio 2022. Questi programmi mirano collettivamente ad aumentare la densità abitativa e la disponibilità di unità in affitto nelle aree urbane.
Hear At Last Holdings (OTC Pink: HRAL) está siguiendo diversas iniciativas gubernamentales y financieras destinadas a facilitar la construcción de suites secundarias en Canadá. La empresa destaca varios programas clave:
Los bancos canadienses introdujeron los Hipotecas para Casas en Callejones en agosto de 2024, ofreciendo préstamos para la construcción de suites en jardines en las principales áreas urbanas. El Programa de Préstamos para Suites Secundarias del Gobierno Federal duplicó su límite de préstamo de $40,000 a $80,000 en diciembre de 2024, proporcionando plazos de 15 años a un interés del 2%.
Iniciativas regionales adicionales incluyen el Programa de Suites Secundarias del Condado de Simcoe, que ofrece hasta $30,000 por unidad, y la expansión de permisos para suites en jardines en Toronto en febrero de 2022. Estos programas tienen como objetivo aumentar la densidad de vivienda y la disponibilidad de unidades de alquiler en áreas urbanas.
Hear At Last Holdings (OTC Pink: HRAL)는 캐나다에서 세컨더리 스위트 건설을 촉진하기 위한 다양한 정부 및 금융 이니셔티브를 추적하고 있습니다. 이 회사는 여러 주요 프로그램을 강조합니다:
캐나다 은행들은 2024년 8월에 골목 집 모기지를 도입하여 주요 도시 지역의 정원 스위트 건설을 위한 대출을 제공합니다. 연방 정부의 세컨더리 스위트 대출 프로그램은 2024년 12월에 대출 한도를 $40,000에서 $80,000으로 두 배로 늘리며, 2% 이자율로 15년 기간을 제공합니다.
추가 지역 이니셔티브로는 심코 카운티의 세컨더리 스위트 프로그램이 있으며, 이는 유닛당 최대 $30,000을 제공합니다. 또한, 2022년 2월 토론토에서 정원 스위트 허가가 확대되었습니다. 이러한 프로그램들은 도시 지역의 주택 밀도와 임대 유닛의 가용성을 증가시키기 위해 집합적으로 목표하고 있습니다.
Hear At Last Holdings (OTC Pink: HRAL) suit diverses initiatives gouvernementales et financières visant à faciliter la construction de suites secondaires au Canada. La société met en avant plusieurs programmes clés :
Les banques canadiennes ont introduit les Hypothèques pour Maisons en Allée en août 2024, offrant des prêts de construction pour des suites dans les jardins dans les grandes zones urbaines. Le Programme de Prêts pour Suites Secondaires du Gouvernement Fédéral a doublé son plafond de prêt de 40 000 $ à 80 000 $ en décembre 2024, offrant des conditions de 15 ans à un taux d'intérêt de 2%.
D'autres initiatives régionales comprennent le Programme de Suites Secondaires du Comté de Simcoe, offrant jusqu'à 30 000 $ par unité, et l'expansion des autorisations de suites de jardin à Toronto en février 2022. Ces programmes visent collectivement à augmenter la densité de logement et la disponibilité d'unités locatives dans les zones urbaines.
Hear At Last Holdings (OTC Pink: HRAL) verfolgt verschiedene staatliche und finanzielle Initiativen, die darauf abzielen, den Bau von Sekundärwohnungen in Kanada zu erleichtern. Das Unternehmen hebt mehrere wichtige Programme hervor:
Kanadische Banken führten im August 2024 Gartenhaus-Hypotheken ein, die Baukredite für Gartenwohnungen in großen städtischen Gebieten anbieten. Das Sekundärwohnungs-Darlehensprogramm der Bundesregierung verdoppelte seine Darlehensgrenze von $40.000 auf $80.000 im Dezember 2024 und bietet 15-jährige Laufzeiten zu 2% Zinsen an.
Weitere regionale Initiativen sind das Sekundärwohnungen-Programm des Simcoe County, das bis zu $30.000 pro Einheit anbietet, sowie die Erweiterung der Genehmigungen für Gartenwohnungen in Toronto im Februar 2022. Diese Programme zielen gemeinsam darauf ab, die Wohnungsdichte und die Verfügbarkeit von Mietwohnungen in städtischen Gebieten zu erhöhen.
- Company positioning itself in growing secondary suite financing market
- Access to multiple government-backed loan programs with favorable terms
- Expansion into multiple major urban markets across Canada
- No specific revenue or business metrics provided
- Unclear direct financial benefit to company from these programs
- High dependence on government policies and programs
From the Government of Canada 2024 Fall Economic Statement: Making it easier for homeowners to build secondary suites
https://www.canada.ca/en/department-finance/news/2024/12/2024-fall-economic-statement-making-it-easier-for-homeowners-to-build-secondary-suites.html Department of Finance Canada
Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - In recent months, Hear At Last Holdings (OTC Pink: HRAL) has been following the changes at the Federal, Provincial and Municipal levels, all working with their own separate programs, but all with the same goal - to facilitate the construction of garden suites and secondary suites in Canada, offering attractive and alternative financing options for homeowners.
Here are some notable developments:
Canadian Banks
In August 2024, some of the Canadian banks started to offer Laneway House Mortgages, a construction loan designed to help Canadian homeowners finance the building of laneway homes or garden suites on their properties. This product allows homeowners to expand their living space or generate additional rental income, contributing to increased housing density in urban areas. Initially available in the Greater Toronto Area, Greater Vancouver Area, and Calgary, the mortgage offers a solution for homeowners seeking to adapt their properties to evolving housing needs.
Federal Government's Secondary Suite Loan Program
In December 2024, the Federal Government announced plans to support homeowners in adding secondary suites by doubling the loan limit for the Canada Secondary Suite Loan Program from
Simcoe County's Secondary Suites Program
Simcoe County offers the Secondary Suites Program, providing funding of up to
Toronto's Expansion of Garden Suites Permissions
In February 2022, Toronto City Council expanded permissions to allow residents to build garden suites on residential properties. Garden suites are detached housing units located in the backyard of an existing house. This policy change aims to increase the supply and variety of housing options in Toronto, providing homeowners with the opportunity to add rental units to their properties.
These initiatives reflect a growing recognition of the need for alternative financing and policy measures to support the development of garden suites and secondary suites, thereby enhancing housing options and affordability in urban centers across Canada.
About Hear AtLast Holdings, Inc, (OTC: HRAL)
The holding company that operates GetPushMonkey.com, an AI notification platform which improves user engagement, provides personalized experiences, and optimizes the effectiveness of your push notifications. Utilizing AI algorithms to analyze user behavior, preferences, and browsing history to tailor notifications to individual users. This can result in more relevant and engaging notifications that users are more likely to interact with which can result in increased company profits.
Contact Information:
Hear AtLast Holdings Inc
Pete Wanner, President
Tel: 416-918-6987
petewanner@gmail.com
SOURCE: Hear AtLast Holdings, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243861
FAQ
What is the new loan limit for HRAL's Federal Secondary Suite Program in 2024?
Which cities are eligible for the Laneway House Mortgages program mentioned by HRAL?
How much funding does Simcoe County's Secondary Suites Program offer per unit?
When did Toronto expand its garden suites permissions as mentioned in HRAL's update?
