City of Cambridge – Core Areas Financial Incentives: Commercial Building Restoration, Renovation and Improvement Grant Program


This grant has the potential to leverage significant private sector investment in interior building renovations and improvements, and help address the costs involved with renovations.

Comments on Funding:

The program will be matching grants of up to 50% of eligible costs up to a maximum grant amount. If the building is a single commercial floor, the grant amount will be $50,000 per property. If the building is two or more floors of commercial use, the grant amount will be up to $100,000 per property.
The maximum grant may increase by $5,000 for the inclusion of enhanced accessibility elements. This will bring the total maximum funding amount to $105,000.


  • Applicants must be property owners looking to develop, preserve, beautify and enhance Cambridge’s core areas (Galt City Centre, Preston Towne Centre, Hespeler Village);
  • This program is restricted to the conversion of vacant, residential, or underutilized space to use as: a restaurant, market or Place of Assembly related to arts, culture, and/or recreation or rehabilitation of existing, or conversion of space for commercial use.

Other Things To Note:

For Information Contact: Economic Development at (519) 740-4685 or e-mail: .

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