Norfolk County has approved Simcoe Spring Service Ltd. 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 $20,000 for an expansion of their building located at 4911 Highway 3 East. The expansion includes a new office and storefront, a waiting area, a barrier free restroom, and a new barrier free entrance.
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.
Information about CIP incentives is available at www.norfolkbusiness.ca, phone 519-426-9497 or email firstname.lastname@example.org.