2011 Municipal Study - City of Brantford

Municipal Study 2011North BayOshawaType ofProgramGrants/InterestFree LoansLoan/GrantDowntown/Area Specific ProgramsDowntown/Area Specific ProgramsDowntown Community Improvement Plan provides funding in the form of bothgrants and interest free loans to either building or business owners for façade/leasehold improvements, feasibility studies and the revitalization/redevelopmentof buildings. Grants of up to $15,000 and interest free loans of up to $50,000.Airport Community Improvement Plan (ACIP) – Municipal Fee RebateProgram including those related to Planning, Legal and Building permits, aMunicipal Tax assistance Program providing 100% relief in year one of theincreased assessed value of the improvement, 66% in year two and 33% in yearthree, and a 50% Landfill Tipping Fee reduction to $10/tonneFaçade Improvement Loan Program -designed to help property ownersfinance building façade improvements, this interest-free loan program providesfunding up to $15,000 per municipal address, to a maximum of $45,000 perproperty owner.Residential Development Charge Grant Program—The City may provide agrant for part or the entire City residential development charge for eligible unitsbuilt within the Central Business District Renaissance Community ImprovementArea.Increased Assessment Grant Program—The City may provide a grant, on asliding scale for part or all of the increase in City taxes attributable to theimprovement of a building and/or redevelopment of a property located within theCentral Business District Renaissance Community Improvement Area.Building Permit Fee Grant Program— The City may provide a grant,equivalent to the amount of the Building Permit Fee for development within theCentral Business District Renaissance Community Improvement Area.Parkland Dedication Fee Grant Program—The City may provide a grant,equivalent to the amount of the Parkland Dedication Fee for residentialdevelopment within the Central Business District Renaissance CommunityImprovement Area.Upper Storey Conversion to Residential Loan Program—The City mayprovide an upper storey conversion to residential loan, to a specified maximum,for eligible works in buildings located within the Central Business DistrictRenaissance Community Improvement Area.Upgrade to Building Code Loan Program—The City may provide an upgradeto Building Code loan, to a specified maximum for eligible works to buildingslocated within the Central Business District Renaissance CommunityImprovement Area.Economic Development Programs374