Taking Action on Tower Renewal Program (TATR)

• Maximum funding is up to 25% of the property's Current Value Assessment (CVA) or $5 million per multi-residential building, whichever is less.
• Eligible retrofit projects may qualify for a grant of up to 10% of the total project cost.
• A 0.8% administrative fee is applied to the final funding amount.

• The property must be a residential rental apartment building built before 1990 with three or more storeys, located in the City of Toronto.
• The building must be located in a Neighbourhood Improvement Area or a Toronto community identified as low income.
• All registered property owners must consent to participate in the program.
• Property taxes, utility bills, and other payment obligations to the City for the past five years must be in good standing.
• The project must include eligible retrofits identified in an energy assessment (ASHRAE Level 2 or above) and aim to improve energy efficiency or reduce greenhouse gas emissions.

Who is eligible?

• Owners of residential rental apartment buildings
• Property management companies managing qualifying residential rental buildings

Who is not eligible

• Companies that do not own residential rental apartment buildings built before 1990 with three or more storeys in the City of Toronto.
• Property owners with outstanding property taxes, utility bills, or other payment obligations to the City over the past five years.

Eligible expenses

• Installation of high efficiency windows
• Roof replacement with enhanced insulation
• Insulated overcladding
• Purchase and installation of heat pumps
• Ventilation improvements conducted alongside window, roof, and overcladding retrofits
• Replacement of building envelope components, such as windows, balcony doors, caulking, exterior wall cladding, solar air heating systems, and insulated roofing
• Upgrades to mechanical systems, including boilers, booster pumps, building automation systems, make-up air units, garage exhaust fan and CO controls, heat/energy recovery ventilators, heat pumps, and cooling system upgrades
• Upgrading water fixtures, including low flow or ultra-low flow toilets
• Installation of renewable energy systems, such as solar panels or geothermal heating and cooling
• Upgrading lighting systems to LED and installing lighting controls
• Any measure that provides energy efficiency or water conservation benefits and is identified in the required energy assessment report

Eligible geographic areas

• Properties located in the City of Toronto.

• Achieving a minimum reduction of 15% in energy consumption and greenhouse gas emissions for modernization projects.
• Actual performance of improvements made after one year, including their energy and environmental efficiency.

• If a property is sold, the payment obligation through the special charge is transferred to the new owner.
• Program participants are required to join the City’s pre-authorized payment plan for property taxes.
• Property owners must not seek rent increases above the legal guideline for improvements funded by the program.
• The grant may be applied as loan forgiveness if energy efficiency targets are met after one year.