Hamilton Community Heritage Fund
$50,000
Loan
Description:
The Hamilton Community Heritage Fund will be the source of funding for this loan program. The purpose of the loan is to act as a catalyst for stimulating the rejuvenation of designated heritage properties within the City of Hamilton.
Acting as a lender, the City provides financial support for the program and ensures that conservation and development activity arising from the program within the City is consistent with sound principles of managing and protecting designated heritage properties.
Comments on Funding:
Amount: 0% interest loan to a maximum of $50,000.
Continuous Intake
Eligibility:
Applicants must be owners of properties within the City of Hamilton that are designated under Parts IV or V of the Ontario Heritage Act for the restoration and conservation of designated heritage features.
Application Steps:
Applicants must submit complete application form to the Economic Development Division.
Documentation Needed:
Applicants must submit:
1. Completed Application
2. Incorporation Documents and list of Officers/Directors/Shareholders (if Corporation applying)
3. Partnership Documents and list of partners (if partnership applying)
4. Site Concept Plan (if applicable)
5. Copies of two (2) estimates
6. Confirmation of the value of the property i.e. appraisal
7. Accountant Prepared Financial Statements if corporation or partnership applying (most recent
2 years and current year-to-date)
8. Net Worth Statement (if individuals applying)
9. Signed Declaration (page 4 of the application)
Other Things to Note:
About the author
Maurice