Santa Supports CIP Funding for Business Owners
Submitted by Jim Armstrong
The Community Improvement Plan is now open for funding applications so Fenelon Forward is hosting a special meeting on Thursday, November 29th, 5:30 to 6:30pm at St James Church Hall.
Carlie Arbour, the person who will be handling applications at City of Kawartha Lakes, is coming to discuss all the details of eligibility and approval process.
There is over $1 million dollars in financial incentives available through loan and grant programs. Successful applicants will be able to use the funds to improve their commercial, mixed-use, or heritage designated residential buildings.
Funding is available to support eight types of improvement projects:
building repairs and renovations
One million dollars is available in loans to property and business owners across the City of Kawartha Lakes. Loans will be a low interest rate over a five year term. The loan program is especially attractive to land owners who are looking to make significant improvements on one or more story of their building.
Matching fund grants (50% of eligible costs) are available to properties within the downtown areas that completed a Downtown Revitalization project: Coboconk, Fenelon Falls, Lindsay, Norland and Omemee. Grants are available for the signage, façade and building repair and renovation improvement projects.
The Million Dollar Makeover is now open! Applications will be accepted until 4:30pm on Thursday January 17, 2019.