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property result in an increase in assessment and taxation.

Planning and

Building Fee

Rebate Programs

This program provides financial relief to property owners who undertake development or redevelopment projects within eligible areas. The rebate applies to most municipal fees related to development or redevelopment, including:

• Official Plan Amendment

• Zoning Amendments

• Minor Variances

• Consents to Sever Land

• Site Plan Control Agreements

• Building and Demolition Permits

• Sign Applications

• The total amount of incentive provided under the planning fee component of this program will not exceed $25,000 annually. The maximum amount of incentive provide under the planning fee component of this program to any approved eligible property will not exceed $5,000.

• The total amount of incentive provided under the building component of this program will not exceed $100,000 annually. The maximum amount of incentive provided under the building fee component of this program to any approved eligible property will not exceed $30,000.

- The development or redevelopment must include a minimum of 4 units which qualify as “affordable”; the four (4) units minimum does not apply to non-profits developments of fewer units

Feasibility Grant Program

Financial assistance for feasibility studies, building renovation design, or business plans will be provided through this program.

- A grant up to a maximum of $5,000 can be applied for.

- The development or redevelopment must include a minimum of 4 units which qualify as “affordable”; the four (4) units minimum does not apply to non-profits developments of fewer units

Residential Incentive Program (per-door grant)

The purpose of this program is to jump-start affordable housing in location that best serve the needs of tenants.

- A grant of $10 per square foot of newly created affordable habitable residential space, or $20,000 per affordable dwelling unit, whichever is lesser.

- The development or redevelopment must include a minimum of 4 units which qualify as “affordable”; the four (4) units minimum does not apply to non-profits developments of fewer units

Second Unit Incentive Program

The purpose of this program is to encourage the creation of second units by Non-Profit, or Charitable Institutions.

- The program will provide a maximum funding amount of 50% of the approved project costs to a maximum of $50,000.

- The sum of the mortgages/encumbrances (e.g. other charges on property) registered on the title and program funding cannot exceed the market value of the home.