Homeowner Grant Improvements

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The Homeowner Grant helps to make home ownership more affordable by reducing the amount of property tax eligible British Columbian homeowners pay. The basic grant is $570 and the total for those receiving the additional grant – for seniors, certain veterans and eligible persons with disabilities – is $845. Homeowners with homes valued at up to $1.05 million are eligible to receive the full grant. This threshold is set to ensure that more than 95 per cent of homeowners are eligible for the full grant. The grant is also available to eligible low-income homeowners with homes assessed above the threshold, if they would have received the additional grant but for the high value of their home. Homeowners who are temporarily living outside their home for a variety of reasons such as school or due to damage from a fire; or those with disabilities who need to modify their home may also be eligible to claim the grant.