Downtown Business Improvement Area (BIA) and Central Business District Zone (CBD) Building Permit and Planning Fee Equivalent Grant

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Building Permit and Planning Fee Equivalent Grant offers grants to eligible applicants for City building permit and planning fees related to developments on vacant properties. The Building Permit and Planning Fee Equivalent Grant provides assistance to eligible applicants by reducing property improvement costs in that the Grant payment is to be equal to the cost of development fees, being for development and building permits, Municipal Plan and Zoning By-law amendments, variances, and other Planning Advisory Committee (PAC) applications. This Grant is intended to accelerate development activity.

Comments on Funding:

Funding will take the form of a grant equal to 100% of the development fees paid by the applicant. Grants will be provided upon successful completion of the approved work, to the satisfaction of the City.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must :

own a property located within the designated City of Moncton BIA and CBD Financial Incentive Program Area (check Schedule “C”);
be registered as a Corporation under the Business Corporation Act;
own a property that is not subject to any outstanding City work orders;
own a property that is not in a position of tax or BIA levy arrears. All taxes and BIA levies owing shall be paid prior to the disbursement of any payments in relation to the Program.

Eligible Projects under the Program must represent one of following types of projects :

Infill and redevelopment of large surface parking lot, vacant under-utilized site and brownfield area;
Redevelopment of property which involves the demolition of commercial, residential or industrial building with the exception of designated heritage building;
Mixed Use building with integrated underground or structured parking; and
Public Parking Structure.

Only fees paid for the following types of applications are eligible :

development permit and building permit;
rezoning fee for a Municipal Plan and Zoning By-law amendment; and
variance and other Planning Advisory Committee (PAC) applications.

Application Steps:

Applicants must complete and submit the application form.

Documentation Needed:

Applicants must submit :

1
reports, plans, estimates, contracts and other details as may be required to satisfy the City with respect to the eligible costs of the project and with respect to conformity of the project with the Program;
2
a Business Plan, if required.

Other Things to Note:

Revised: March 21, 2022 - Source 1

Program Contact:

BIA and CBD Financial Incentive Program - Revised March 21, 2022.pdf

How to Start a Business in New Brunswick: Step-by-Step Guide for New Entrepreneurs

New Brunswick Small Business: Complete Guide for Entrepreneurs

Incorporating a Business in New Brunswick: Step-by-Step Guide for New Entrepreneurs

How to Register a Business in New Brunswick: Step-by-Step Guide for New Entrepreneurs