Norfolk County has approved Robert Taylor, Greg Harvey, and Dave Brown for Incentives in the Community Improvement Plan (CIP).
The property owners will receive an interest free loan of up to $7,500 and grants of up to $16,500 for improvements to their building located at 24-30 Norfolk Street South in Simcoe. Improvements include a new store front, windows, door, signage, upgrades to electrical and plumbing, in addition to the rehabilitation of an upper apartment unit.
Incentives are available for architectural and design, environmental site assessment, structural improvements, building facades, agricultural building and facilities, residential conversions and rehabilitation, landscaping, signage and property improvement. Property tax increment grants are also available for larger projects.
Non-residential projects are eligible for incentives. Depending on the program, programs apply to properties in urban, hamlet, lakeshore and agricultural areas.
Community Improvement Plans help municipalities target areas in transition or in need of repair, rehabilitation and redevelopment, and stimulate private sector investment through municipal incentive-based programs.