maximum of $50,000 per property. Remaining Municipal Development Charges are also eligible for the grant for projects on Infill Catalyst Sites.

• New Residential Development Grant Program: property owners are eligible to receive a grant of $2,500 for every new residential unit, up to a maximum of $50,000 per property. A minimum of two (2) new residential units must be created in order to be eligible. Projects on Infill Catalyst Sites are eligible for a grant increase of up to $5,000 per unit, up to $50,000.

• Building/Property Improvement Tax Increment Grant Program an annual grant equal to 100% of the increase in municipal property taxes for ten (10) years, after the project is completed and reassessed.

• Retail Investment Grant Program: A grant up to 50% of eligible costs for improvements to a maximum amount of $15,000 per retail unit in a building, up to a maximum of $30,000 per property.

• Neighbourhood Residential Rehabilitation Grant Program: grant equal to 50% of the cost of eligible exterior building maintenance and property improvement works to residential properties. The minimum grant per property will be $1,000, up to a maximum of $15,000, with a maximum of one (1) application per property.

RISK ANALYSIS:

There is low risk associated with this report. The report is provided for information purposes only, and to provide information about existing financial incentive programs offered through approved CIPs within the City of Windsor.

FINANCIAL MATTERS:

Budget Summary of the CIP Grant Programs:

Each CIP has its own capital project or fund account that is used to facilitate the various grant programs offered under each CIP (excluding the tax base grant programs). The table below details each CIP, the capital project or fund associated with the program, number of applications, total grants approved and the uncommitted budget balance.

Table 1: Life to Date Programs Summary

CIP	Capital Project/Fund	Number ofApprovedApplications	TotalGrantsApproved	UncommittedBalance
Brownfield RedevelopmentCIP (Feasibility andEnvironmental Study Grant)	BrownfieldStrategy/RemediationAccount (Project #7069003)	21	$347,268.50	$633,083
Downtown CIP (NewResidential Development Grant,Retail Investment Grant, UpperStorey Residential Conversion,Commercial/Mixed Use Building	City CentreCommunityDevelopmentPlanning Fund	18	$527,022	$138,158