Funding for long-term care home development
Learn about the modernized funding model for long-term care homes that gives eligible operators an increased subsidy and development grant.
How it works
Ontario's modernized funding model, as outlined in the Long-Term Care Home Capital Development Funding Policy, 2022, creates four new market segments based on population size: large urban, urban, mid-size, and rural. It 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 for either the development or redevelopment of long-term care beds that consists of one or both:
- new construction – the construction of a new building outside an existing footprint
- renovation – 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.
Questions
For more information, please contact LTCdevelopment@ontario.ca.