The CIP offers significant commitments with both financial incentives and leadership programming initiatives. Businesses within the area indicated on the CIP Map are eligible to apply to these programs.
Green Business Loan Program
The Green Business Loan Program provides an opportunity for property owners in the CIP area to obtain an interest-free loan from the town equal to 50% of the average construction cost to a maximum of $20,000 per unit for:
- works related to Ontario Building Code upgrades; or
- for works related to energy efficiency improvements as well as improvements made under the Accessibility for Ontarians with Disabilities Act.
Program Application
Contact Joanna Bowes for more info at 613-267-3311 Ext 2235
Green Business Grant Program
The Green Business Grant Program provides a financial incentive in the form of a Grant to assist property owners to improve the safety and efficiency of existing commercial and mixed-use (commercial/residential) buildings located within the Community Improvement Plan area. The grant provides funding equal to 33% of the average construction cost to a maximum of $5,000.
Program Application
Contact Michael Touw for more info at 613-267-3311 Ext 2224
Facade and Signage Improvement Program
The Façade and Signage Improvement Program offers property owners a one-third capital grant (to a maximum of $5,000) to undertake façade improvements such as new coat of paint, repointing stone or brick work, landscape features and physical improvements that will improve accessibility for clients and customers.
Program Application
Contact Michael Touw for more info at 613-267-3311 Ext 2224
Tax Increment Rebate Program
The Tax Increment Rebate Program provides a rebate to eligible applicants whose municipal property tax has increased as a result of development or redevelopment of a property within the designated CIP Area. The program stimulates investment by effectively deferring the full increase in taxation (municipal portion only) associated with the reassessment through rebates that are equivalent to a portion of the resulting property tax increase.
Program Application
Contact Cathy McNally for more info at 613-267-3311 Ext 2227 or by email.