Norfolk County has approved Perrin Real Estate Corporation for a project under the Landscaping, Signage and Property Improvement Program of the Community Improvement Plan (CIP).
Perrin Real Estate Corporation will receive a grant of up to $1,610 to install a new exterior awning at 27 – 29 Colborne Street South in Simcoe.
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.