2011 Municipal Study - City of Brantford

Municipal Study 2011Downtown/Area Specific ProgramsChatham-Kent(continued)ClaringtonType ofProgramTax GrantGrantsDowntown/Area Specific ProgramsHeritage Tax Relief – 40% reduction in municipal portion of postrestorationand preservation work for 5 years following successfulcompletion of approved work.Property Tax Increment Equivalent – grants up to 100% ofincrease in the municipal portion of property tax resulting fromreassessment for 5 years.Studies and Design Programs – Project Feasibility Studies andHeritage Design Studies – grants for 50% of cost of study withvarious limits.Upgrade to Building Code Grant Program. Intended to assistproperty owners with the financing of building improvements requiredto bring existing older buildings into compliance with the currentOntario Building Code. It will provide a grant for up to 50%of thecosts for eligible work per building to a maximum of $5,000 permunicipal street address or storefront. There is a maximum of$45,000 per property owner for a building with multiple streetaddresses or storefronts.Signage Program. Assist business owners with financing thedesign and installation of new signage within the CommunityImprovement Plan area. Provides a grant equivalent to 50% of thecost, up to a maximum of $2,000Façade Improvement Grant Program. Provides a grant for up to50% of the costs for eligible work per building to a maximum of$5,000 per municipal street address or storefront. There is amaximum of $45,000 per property owner for a building with multiplestreet addresses or storefronts.Building Permit Grant Program: Provides a one time grant tooffset the amount of the building permit fee to a maximum of $3,000Infill Project Grant Program: Assist property owners within theCommunity Improvement Plan area with financing the cost of thedevelopment process. The program allows the Municipality ofClarington to provide a one time grant to offset the cost of theconstruction to a maximum of $10,000 per property.Economic Development Programs368