Building Improvement Grant/Loan
Available in the central business district only.
Purpose
The Building Improvement Grant/Loan Program offers grants and loans to property owners for improvements to existing commercial, industrial, institutional, or mixed-use buildings within the Central Business District. The purpose of the program is to finance property improvements that would otherwise be considered cost prohibitive by a property owner. The program will also promote improvement of the physical condition and visual aesthetic of private buildings. The Town will benefit from property tax increases as a result of the property improvement.
Funding Opportunity
The Building Improvement Grant/Loan Program offers grants and loans to property owners for improvements to existing commercial, industrial, institutional, or mixed-use buildings within the Central Business District. The purpose of the program is to finance property improvements that would otherwise be considered cost prohibitive by a property owner. The program will also promote improvement of the physical condition and visual aesthetic of private buildings. The Town will benefit from property tax increases as a result of the property improvement.
Eligibility
Building improvements to existing commercial, industrial, institutional, or mixed-use buildings may be considered eligible for the Building Improvement Grant/Loan Program. Eligible building improvements will include (but not be limited to) the following, as determined by the Town:
- Structural repairs
- Interior restoration and design
- Repair/replacement/installation of building infrastructure such as roofing, windows and doors
- Improvements to accessibility for people with disabilities
- Repair/replacement/installation of plumbing, electrical, HVAC, and fire protection systems
- Weatherproofing
- Any other improvements that may bring a building up to code, or address health, safety, or risk management issues
Contact Us
Town of Bracebridge
1000 Taylor Court
Bracebridge, ON P1L 1R6
Phone: (705) 645 5264