Contact(s)
Goderich offers four programs designed to encourage private sector investment in the designated downtown community improvement area. All incentives are subject to budget allocations and council approval. Full details are available in the Goderich Community Improvement Plan.
Façade Improvement Grant Program
Grants are available for up to 50% of the total cost for exterior design changes to the front of existing buildings in the CIP Project Area with a maximum grant being $15,000.
Fee Grant Equivalent Program
100% of the town portion of eligible planning application fees, building permit fees and development charges would be refunded upon approval of the application and successful completion of the project.
Tax Increment Equivalent Grant Program
In the case of rehabilitation, development or redevelopment on a town property, the town portion of the property taxes based on the difference between pre and post-development assessment could be returned to the owner ranging anywhere from a 25%-100% refund.
Brownfield Properties
Properties may be eligible for the Fee Grant Equivalent Program provided that the Brownfield property remediation (Phase III Cleanup) has a total cleanup cost in excess of $50,000 and the property is redeveloped.
Community Futures Facade Improvement Loans
Short‐term matching loans up to $5,000 per project might just be the ticket for some retail and service businesses in the region. Find out more on their website here.
