Government Grant
Funding for long-term care home development
Ontario's modernized funding model, as outlined in the Long-Term Care Home Capital Development Funding Policy, 2020, creates four new market segments based on population size: large urban, urban, mid-size, and rural.
- 4.5/5.0
- Ontario. Health and Long-Term Care
- All levels
- Last updated 3 years ago
- English
Description
Ontario's modernized funding model, as outlined in the Long-Term Care Home Capital Development Funding Policy, 2020, 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; 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.