Downtown CIP Area & Designated Heritage Properties Redevelopment Grant Program

Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Building Permit and Planning Fee Equivalent Grant Program offers grants to eligible applicants for City building permit and planning fees related to the development or redevelopment of vacant properties within the designated Downtown Community Improvement Plan Area and or within designated Heritage Properties that comply with the required program criteria.

Comments on Funding:

Funding will take the form of a grant for the full amount of the building permit fee will be provided to the applicant once the approved work is complete, to the City’s satisfaction.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

propose a project for an existing property which:

must be located within the designated City of Moncton Downtown Community Improvement Plan Area (see Schedule “C”), and or be designated as a Heritage property under the City of Moncton Heritage Preservation By-law;
is not subject to any outstanding City work orders;
is not in a position of tax arrears or downtown Business (all taxes owing shall be paid prior to the disbursement of any fee related grant);

be registered as a Corporation under the Business Corporation Act;
respect any existing Heritage designation plans for the existing property and adjacent properties;
enter into an Agreement with the City of Moncton that sets out the conditions of the annual grant;
commence the proposed development no longer than 2 years following City Council’s approval of the grant or the grant will be cancelled.

Eligible Financial Incentive Program Grant Projects must represent one of following types of projects:

Infill and redevelopment of large surface parking lots, vacant under-utilized sites, and buildings;
Redevelopment of properties which involves the demolition of commercial, residential or industrial buildings with the exception of designated heritage buildings;
Residential Conversion and Intensification of upper stories (eg., 2nd story and above) of under-utilized Commercial and Office Buildings;
Restoration of older abandoned buildings; and
Downtown 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;
Variance and other Planning Advisory Committee (PAC) Applications; and/or
Demolition Permit.

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:

CIPA Financial Incentive Program.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