The next round of the Downtown Rehabilitation will begin this spring and anyone interested is encouraged to apply for grant funding early. Building owners and tenants could qualify for up to $50,000 towards building upgrades as part of the Downtown Incentives Program. The city says improvements that enhance aesthetic appeal, pedestrian access and public safety will be considered.
This is one of four funding opportunities that are part of the the Downtown Incentives Program. The Urban Residential Grant offers per unit grants for mixed-use or multi-unit residential developments, the Patio Grant allows downtown businesses to develop outdoor patio spaces through cost matching and the Demolition Grant helps property owners with the removal of underutilized buildings.
Through the first two rounds of funding more than $900,000 was awarded to 26 projects. Grant applications will be accepted between April 9th and May 7th, 2018. Submissions will be reviewed on a first-come, first-served basis.
The third phase will be in the area of 100 Avenue between 100 Street and 102 Street. The city says the project itself is meant to modernize the downtown core and upgrade the “streetscape”. The first two phases of the project included the area of 101 Street north to 102 Avenue an d 101 Avenue from the Golden Age Centre to 100 Street.