Downtown Community Improvement Plan

The Downtown Area Community Improvement Plan, approved in December 2012, contains a wide range of new programs available to property owners and investors in the city core.  Click on the title links below for each program's complete guidelines.  Supporting documentation and program applications are available to download in pdf format to the right.

CAD-Map

 

Tax Grant Back Program

The City will grant back 100% of the increased municipal portion of property taxes for a five-year period following a physical improvement to a building.

Façade Improvement Loan/Grant Program

A 10-year interest free loan to encourage the refurbishment of downtown properties within the Community Improvement APlan Area. The program provides interest-free loans of $25,000 per distinct building. No payments are required during the first five years. Beginning in year six, minimum payments of $1,000 per year are required. Any outstanding balance is due by the end of year ten.  Available funds equate to 50% of the value of eligible works.

A grant of up to $10,000 per store front or $30,000 for a corner building for the refurbishment of existing facades. Similar to the façade loan program, the amount of funds granted will equate to 50% of the value of eligible works.

Residential Conversion and Intensification Program

Grants of up to $5,000 per new unit or $40,000 per application to encourage the development of new residential units in the downtown.

In addition to the grant portion of the program a 10-Year interest free loan of up to $10,000 per unit or $80,000 per application will also be available.

Available funds equate to 50% of the value of eligible works.

Parking Fee Grant Program

The City will grant back the cost of municipal parking permit fees for certain targeted developments.

Grant in Lieu of Permit Fees

The City will grant back municipal permit fees (building permit fees, sign fees, etc.) upon project completion. 

 

 

Awning, Signing and Decorative Lighting Grant Program

A one-time grant for eligible improvements to awnings, signage and/or lighting to a maximum of $3,000 per distinct building.

Similar to the façade loan program, the amount of funds granted equate to 50% of the value of eligible works.

Non-Street Front Façade Loan

A 10- year interest free loan of up to $25,000 per distinct building for the restoration needs of the rear or alleyway facing portions of buildings in the Central Area of the CIP area. Similar to the façade loan program, the amount of funds loaned equate to 50% of the value of eligible works.

Additional Incentives

In conjunction with most of the loan/grant programs, a grant may be available to assist with the preparation of a design study for restoration and preservation projects of up to $1,500 per applicant.  In addition, the City will incorporate the cost of legal and registration as part of the incentive to those accessing CIP programs.

For More Information...

Office of the Development Commissioner

City of Woodstock

500 Dundas Street, PO Box 1539

Woodstock, ON N4S 0A7

Tel: (519) 539-2382 Ext 2115