This Basement Flooding Loan Program Resulting From a Sanitary Sewer Backup
program provides loan financing for the installation of an approved backwater valve and sump pump in a resident’s house and is subject to the following guidelines: i) An interest free loan, not to exceed $3,000, with repayment in equal amounts added to the resident’s quarterly water and sewer bill. The repayment term is not to exceed 3 years.
ii) Loans are advanced upon receipt of original invoices for eligible expenses incurred by the homeowner for eligible contracting services relating to the installation of a sump pump and approved backwater valve.
iii) The installation has been approved by a municipal plumbing inspector.
Qualification Criteria for Basement Flooding Loan Program Resulting From a Sanitary Sewer Backup
A one-time loan up to a maximum of $3,000 is available to eligible property owners who have experienced a sanitary sewerage flooding in the basement of their homes as a result of flooding events. Eligible costs include labour and materials related to the installation of an approved backwater valve and the installation of a sump pump.
There is currently one backwater valve approved by the Ministry of Municipal Affairs and Housing in accordance with the Building Code for use in the Province of Ontario. It is the Mainline Fullport Backwater Valve with a clear cover. Your contractor must verify in writing that this model has been installed at your property. Sump pump systems must meet current Building Code requirements.
Owners of properties zoned as residential, are eligible for a loan if they can demonstrate that they have experienced a basement flooding at their residence.
The loan is available only to existing homes, not new homes in the planning stages or currently under construction.
NOTE: Submitted documents/pictures will become property of the Regional Municipality of Durham. Please make and retain necessary copies prior to submitting loan application.