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Community Improvement Plan
The Community Improvement Plan (the 2015 CIP), approved November 17, 2014, offers four municipal financial incentive programs to the private sector to stimulate new investment in community renewal.
The financial incentive programs are intended to offset a portion of costs incurred by property owners in undertaking redevelopment projects, brownfield remediation projects, facade improvement projects, and residential/office conversion projects.
Guidelines for each of the programs, which set out plan details, eligibility requirements, evaluation criteria, complete application requirements, process, and which include Application Forms, are as follows:
- Tax Increment Finance (TIF) Program - for soil remediation and/or redevelopment projects.
- Brownfield Tax Assistance (BTA) Program - for remediation of contaminated soils.
- Facade Improvement (FIP) Program - building facade, store front enhancements.
- Residential / Office Conversion (ROC) Program - conversion of small, unused vacant space for new residential dwelling units or leasable office space.
Key Dates for Application Submission
- Facade Improvement (FIP) Program and the Residential/Office Conversion (ROC) Program - complete applications may be submitted at any time. Project approval is subject to satisfaction of all program criteria and requirements, and also contingent of availability of funds in the municipal budget allocated towards the program.
- Tax Increment Finance (TIF) Program and the Brownfield Tax Assistance (BTA) Program - complete applications must be submitted on or before the deadline date of Friday, June 29, 2018.
If you have any questions regarding the financial incentive programs, please contact the Planning and Building Services Department at 905.688.5601 ext. 1660 or by email at pbs@stcatharines.ca.
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