Norfolk County has approved 2157520 Ontario Inc. for the Building Façade Improvement Program of the Community Improvement Plan (CIP).
2157520 Ontario Inc. will receive an interest free loan of up to $2,893 and grants of up to $2,893 for new signage, banners and re-skinning of a retractable awning at 414 Main Street (Port Dover) and 17 Norfolk Street South (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.