Oxford County accepting applications for “My Second Unit” funding program

Program offers homeowners grants of up to $30,000 to add an affordable rental unit to their home

Oxford County is accepting applications for My Second Unit, a funding program that helps homeowners add a second unit in their home and become a landlord.

Through the program, homeowners can apply for an interest-free, forgivable loan of up to $30,000 to develop a secondary dwelling unit, like a basement apartment, in their home. A second unit is a single, self-contained, rental apartment with its own entrance, kitchen, sleeping area and bathroom.

To qualify, homeowners must agree to remain as the owner and live in the home during the

10-year forgivable period, although the agreement can be transferred to a new homeowner with approval from the County. Homeowners must also agree to rent the secondary unit at or below the average market rents set by the Ministry of Municipal Affairs and Housing each year, and to rent to tenants that meet prescribed household income criteria. The total loan amount available to the homeowner is based on construction-related costs required to create a secondary unit in the home.

For homeowners, rental income from a second unit can help with household expenses, contribute to savings, or make home ownership more feasible. For communities with a low rental vacancy rate, like Oxford County, secondary units are another way to help address a shortage in housing options.

The application deadline is December 15, 2025. Funding is limited and will be distributed on a first come, first served basis.

For more information or to download an information package, visit www.oxfordcounty.ca/mysecondunit.