Community Improvement Plan

A Grant equal to 50% of cost of eligible studies, plans, drawings, analyses and assessments, to a maximum:
a) grant of $2,000 per study; and,

b) two (2) studies per property/project.

Eligibility

All properties, but applicants must clearly demonstrate a legitimate intention to undertake eligible community improvement works on the property.

A Grant equal to 50% of cost of eligible front, side and rear facade improvement works to a maximum grant of $7,500 per property/project.

Eligibility
Existing commercial, mixed use, and institutional buildings.

A Grant equal to 50% of cost of eligible building improvement works and property improvement works to a
maximum grant of $10,000 per property/project.

Eligibility
Existing commercial, mixed use, and institutional buildings/properties.

A Grant equal to 50% of cost of renovating existing rental residential units to Code and/or constructing new rental residential units, to a maximum grant of $5,000 per unit, and a maximum of three (3) units per property. For rental residential units that are “affordable”, the 50% grant can be increased to a maximum grant of $10,000 per unit.

Rental residential units renovated/created under this program, and affordable rental residential units created under this program, must remain as rental residential units and affordable rental residential units (as applicable), for a minimum period of time as specified by the Municipality.

Eligibility
i) Renovation to existing rental residential units in mixed use buildings to Building Code, Fire Code, and Property Standards Bylaw.

i) Conversion of excess/vacant commercial space in existing commercial and mixed use buildings into one (1) or more net rental residential units.

iii) Intensification or redevelopment of an existing commercial or mixed use building that adds one (1) or more net rental residential units.

iv) Infilling of vacant lots (including parking lots) with two (2) or more net residential units.

An annual Tax Increment Grant (TIG) equal to 80% of Municipal property tax increase generated by project for up to 10 years following project completion.

Eligibility
Only the following types of substantial projects that create a minimum increase in assessment value of the property (determined by MPAC) as specified in Appendix C:

i) Construction of multiple residential units;

ii) Expansion/construction of commercial or mixed use building space;

iii) Major rehabilitation, upgrading and/or expansion of an existing building; and,

iv) Other major building projects that create a significant number of jobs and/or meet multiple goals of this CIP.

A Grant equal to 75% of the fees paid on planning and development applications, building permits, and other types of fees paid for a project, to a maximum grant of $5,000 per property/project.

Eligibility
Only projects approved and completed under one of the other incentive programs contained in this CIP, excluding the Design and Feasibility Study Grant Program.