Type of Program:
The Commercial Property Improvement Grant Program provides financial assistance for commercial property owners/authorized tenants within the Core Areas as identified within the Official Plan.
The Program aims to improve upon the appearance of commercial properties, support commercial property/business owners with limited rehabilitation of interior space and assist in creating a barrier free and accessible environment.
Comments on Funding:
Funding for buildings that have a linear foot street frontage:
- 1of 25 feet or less (25’) is a grant that will be paid on a matching 50/50 basis to a maximum of $15,000 for eligible work under the Program.
- 2greater than twenty-five feet (25’) is a grant that will be paid on a matching basis of $600 per linear foot of street frontage up to a maximum of $25,000 for eligible work under the Program.
- 3As a further incentive for corner properties the City will increase the maximum grant amount to $30,000, on a similar matching basis for eligible work under the Program to recognize the importance of flankage facades. The grant amount will be determined by the measurement of the street frontage and the measurement of the corner/exposed wall multiplied by $600 per linear foot.
- 4An additional $5,000 will be added to the maximum funding for each item listed below:
When It Ends:
Other Things to Note:
For Information Contact: Economic Development at (519) 740-4685 or e-mail: Invest@cambridge.ca .