Amount:

No Fixed Amount

Type of Program:

Grant & Loan


Description:

The Port Development Grant/Loan Program makes it possible for the City to offer direct grants or loans, on an individual project basis, to offset the costs associated with major developments on lands in the Project Area. Under this program, the City may enter into agreements with the developers of the Port lands.

Comments on Funding:

The City to offer direct grants or loans, on an individual project basis, to offset the costs associated with major developments on lands in the Project Area.


When It Ends:

Ongoing

Deadline:

December 31, 2021

Eligibility:

Applicants must:

  • be owners and tenants (developers);
  • undertake rehabilitation of the Port lands.
  • The property must be located within the boundaries of the Port Community Improvement Plan project area. 

Applications Steps:

1

Any property owner desiring to be considered for a grant under this program shall make an application in writing to the City’s Planning Division, at the time of making an application for a building permit or prior to commencement of site work.

Documentation Needed:

Proof of actual costs associated with the development or rehabilitation of lands and buildings must be submitted to the Planning Division.

Other Things to Note:

This program is part of the Port Authority Community Improvement Plan that will be in effect until December 31, 2021.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

Tags

You may also like

Research and Development Grants for Ontario Businesses (2021): 23 Government Incentives to Boost Your R&D

Research and Development Grants for Ontario Businesses (2021): 23 Government Incentives to Boost Your R&D
Success message!
Warning message!
Error message!