Norfolk County has approved 1438727 Ontario Ltd. for a project under the Landscaping, Signage and Property Improvement Program of the Community Improvement Plan (CIP).
1438727 Ontario Ltd. will receive a grant of up to $2,000 to make parking area improvements, including paving at the property located at 223 West Street 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.