🏠 | New Brunswick | Urban Development Incentives

Urban Development Incentives

Maurice
By Maurice | May 1, 2025

Amount:

$50,000

Type:

Grant

Description:

The City of Saint John offers financial incentives to undertake development projects on the Central Peninsula. The Central Peninsula includes the Uptown, South End, and Waterloo Village.

Comments on Funding:

There are three funding opportunities that may help with your urban development project:

1. Residential Density Grant: Provides base funding over five years.
2. Construction Challenges Grant: Provides immediate assistance upon project completion to address the unique challenges of development on the Central Peninsula in the form of 25% of construction challenges cost up to a maximum of $50,000, or 5% of total construction costs.
3. Building Permit Grant: Provides a grant for non-market housing projects equal to 80% of the cost of the building permit fee for the project to a maximum of $10,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must undertake development projects on the Central Peninsula. The Central Peninsula includes the Uptown, South End, and Waterloo Village.

Application Steps:

Applicants must create an account in the Saint John website

Documentation Needed:

No specific documentation has been identified

Web Page:

https://saintjohn.ca/en/city-hall/awards-grants-incentives-and-donations/municipal-grants-program/beautification-grants-and-urban-development-incentives
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.