Adding to the number of residential units available for rent will help increase the supply of housing options accessible for local residents. Focusing on downtowns and mixed-use zones will help rental tenants gain access to employment opportunities and using personal and professional services in the downtown without requiring access to a vehicle.
The Residential Improvement grant provides funding for business and property owners to upgrade or renovate their mixed-use (commercial-residential) building to add new residential units or increase occupancy in existing units for long-term rental use.
Eligibility Criteria
To be considered for the grant:
The applicant must be the property owner.
The building must be mixed-use (commercial-residential), located within a downtown core or mixed-use zone of a Community Improvement Project Area (CIPA) in one of the following municipalities: Brockton
The renovations and upgrades must comply with Municipal by-laws and have received appropriate permits and permissions.
Project work must not have started (including purchasing any materials) until the application has been approved.
Properties previously awarded grants are not eligible for additional funding under the same grant category unless:
- The grant was provided more than five years ago; or
- Either the tenant and/or property owner changed since the last grant was provided; or
- The application is clearly for different physical elements of the building/property (as determined by County Staff)
Max Funding
50% of total project cost (excluding taxes) up to $4,000.
Eligible Projects
Eligible projects may include, but are not limited to:
- Supplies and labour related to the development of a new unit or expansion of existing units
- Supplies and labour related to necessary building code or fire code requirements
- Other approved by Bruce County permanent renovations or upgrades that add a new residential unit or increase the capacity of an existing residential unit
Ineligible Projects
Ineligible projects include, but are not limited to:
- Removable or temporary items (e.g., furniture, decorative items)
- Projects that do not result in a new residential unit or increase the occupancy of an existing residential unit
- New building construction