The Municipality of North Grenville is dedicated to ensuring that Downtown Kemptville thrives as both a residential and commercial hub. Property and business owners are now able to apply for the new Downtown Kemptville Community Improvement Plan (CIP).
On March 2, 2021, Council approved the Downtown Kemptville Community Action Plan (DKCAP) and associated CIP. The DKCAP outlines a set of financial incentives, planning tools, and updated processes and practices to enhance development downtown. The targeted goals focus on connectivity and people, aiming to encourage more development in the core.
“Downtown Kemptville is one of the many gems in our community. Given the intense commercial and residential growth that is occurring in other areas of our community, this plan will help to create the conditions for downtown Kemptville to be a key destination in North Grenville,” said Mayor Nancy Peckford.
Intake is on a rolling basis until funds are exhausted. Intake is now open for the following financial programs:
- Façade & Signage Grant: covers 50% of the costs up to $10,000 of high-quality improvements to the frontage of buildings.
- People Make the Place Grant: $5,000 per residential unit created in multi-unit residential builds.
- Building Fees Grant: up to $2,500 for multi-unit residential developments to cover building fees.
- Tax-Increment Equivalent Residential Grant: reimbursement of the municipal portion of the incremental property tax for new multi-unit residential developments, starting at 90% and decreasing by 10% per annum.
The Development Charges Exemption is also still in place for downtown.
“These financial incentives, along with revised planning and administrative procedures in the office, will help those trying to add to the revitalization of downtown,” added Deputy Mayor Jim McManaman.
To learn more and to review the full program guidelines visit www.investnorthgrenville.ca/doing-business/funding or contact Hillary Geneau, Strategic Initiatives Coordinator at [email protected]. 613-258-9569 ext. 162