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Downtown Housing Incentive Program

Amount:

$10,000.00

Type of Program:

Grants


Description:

The Downtown Housing Incentive Program provides funding to attract and retain downtown residents by incentivizing the creation of new housing in the Business Improvement Areas.

Comments on Funding:

Funding is up to $10,000.00 per qualified dwelling unit. 


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must have a registered ownership interest in the property named in the application based on the Service NB Property Account Number (PAN).

Eligible projects:

  • must be located within the Business Improvement Area (BIA),
  • shall consist of the construction of new self-contained residential units with a minimum area of 55.7 m2 (600 ft2) and an average area of 74.3 m2 (800 ft2) within the project,
  • can include new buildings or existing buildings however the incentive will be applicable to the creation or addition of new self-contained units only.
  • must not be underway prior to the approval of the incentive application,
  • properties outlined in the application must not be in arrears in taxes, municipal utilities or any other municipal charges,
  • must meet or exceed all requirements of the City of Miramichi Zoning Bylaw #91 and building code requirements as determined by the GMRSC – Planning Services,
  • that include a commercial property, must have the BIA Levy for the subject property (PAN) up to date and paid in full for the previous taxation year,
  • must not include properties which received money from this program during the previous two (2) calendar years.

Application Steps:

1

contact the City of Miramichi, Department of Economic Development & Tourism to discuss the program and determine pre-eligibility, 

2

complete a signed Application form provided by the Department including all necessary supporting documentation as required on the application. 

Documentation Needed: 

Applicants must submit:

  1. 1
    the completed application form,
  2. 2
    a complete project description,
  3. 3
    a detailed project budget,
  4. 4
    detailed plans (site plan, floor plans, façade details, etc.),
  5. 5
    planning permit (if required),
  6. 6
    copy of most recent property assessment notice from service NB,
  7. 7
    construction schedule (start and finish date),

Other Things to Note:

Grants will be available until the budgeted amount of this program has been depleted for any calendar year.

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