$200,000 for the 2023 grant program to offset costs of development in the downtown core for DTCIP projects such as façade improvements, signage, feasibility studies, building improvements and the creation of residential units.
Three incentive programs are offered through the CIP for eligible projects that target key planning and growth management objectives for development within Barrie.
The incentive programs include things such as a rebate on certain fees and permits (such as planning application fees and building permit fees), affordable residential units per door incentive, a tax increment based grant on eligible brownfield redevelopments and a grant for renovation and restoration work on buildings on the Municipal Heritage Register.
Community Improvement Plans (CIPs) are grants and/or loans provided by a municipality to stimulate economic activity through a variety of means, including new building construction, expansion of existing building stock and building improvements (both functional and aesthetic).
Two CIP programs are available:
Downtown Community Improvement Plan
Industrial Areas Community Improvement Plan
The Downtown Midland BIA has introduced the façade program to stimulate improvements to the exterior of downtown buildings. The program offers a grant that will cover 50% of the total cost project up to a maximum cost of $3,000 depending on the project. The purpose is to assist downtown business owners with the financing of street oriented building façade improvements.
Downtown Tomorrow Community Improvement Plan provides financial incentives such as grants and loans to property owners and business tenants in order to encourage downtown, neighbourhood and community revitalization.
The Town of New Tecumseth’s Community Improvement Plan (CIP) program promotes the conservation, enhancement, and beautification of buildings and properties in the historic downtowns of Alliston, Beeton, and Tottenham through development incentive grants and loans.
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