Closed
Source verified June 9, 2026
Bracebridge Tax Increment Equivalent Grant
Funding for major property development projects
Latest source updateLast Update: June 25, 2026Latest change: The Bracebridge CIP now says all 2026 funding is fully allocated and new applications are no longer being accepted.View change
Latest source update
Last Update: June 25, 2026
Latest change: The Bracebridge CIP now says all 2026 funding is fully allocated and new applications are no longer being accepted.
Bracebridge CIP applications closed for 2026
The Community Improvement Plan page now states that all available funding through the Town of Bracebridge CIP programs has been fully allocated for 2026, and new CIP funding applications are no longer being accepted at this time. It also tells applicants to check back for future funding updates and program availability. On the CIP application form, the 2026 intake is now closed, the old application form and program selection options were removed, and the application log shows updated approved totals of $60,000.00 in grants and $33,634.87 in loans. The program still reflects up to 50% cost coverage for eligible projects, and the contact email remains ecdev@bracebridge.ca.
Funding available
Up to 100% of project cost
Deadline
Open continuously
Location
Bracebridge, Ontario, Canada
Overview
Bracebridge Tax Increment Equivalent Grant supports substantial development, redevelopment, or rehabilitation projects that increase a property’s assessed value. It helps offset lower-tier municipal tax increases for eligible commercial, industrial, and mixed-use properties on designated Priority Sites in Bracebridge.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Bracebridge
- Ontario
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Substantial development of commercial, industrial, or mixed-use properties.
- Redevelopment of eligible buildings or properties.
- Rehabilitation of eligible buildings or properties.
Official resources
Eligibility
Who is eligible?
- Property owners.
- Commercial property owners.
- Industrial property owners.
- Mixed-use property owners.
Who is not eligible
- Tenants applying without the property owner’s consent.
- Applicants that are not property owners.
Eligible geographic areas
- Bracebridge, Ontario.
- Priority Sites in Bracebridge, including 19 Monck Road, 28 McMurray Street, 101 Entrance Drive (Muskoka Foundry), Bracebridge Power Centre North, Bracebridge Power Centre South, Canyon Court Business Park, selected CT tourist commercial resort properties, and vacant lands zoned C1, C3, C4, M1, and M2.
Selection criteria
- Whether the project is considered substantial at the Town’s discretion.
- Increase in assessed value of the property.
- Project contribution to community improvement goals.
Processing and Agreement
- Applications are reviewed by Town Economic Development staff.
- The Town determines the grant value after approval based on the reassessed value.
- Project work must not start before formal approval.
- A Notice of Decision is issued following approval.
- Project completion must be reported within 12 months of the Notice of Decision.
Additional information
- Applicants are recommended to request a pre-consultation with the Town’s Economic Development Officer before applying.
- Project work cannot begin until formal approval is received.
- Funding approval may lapse if project completion is not reported within 12 months of the Notice of Decision.
- The Town may adjust eligibility criteria or amend Priority Sites at any time.
Contacts
Frequently Asked Questions about the Bracebridge Tax Increment Equivalent Grant Program
What is the Bracebridge Tax Increment Equivalent Grant?
Bracebridge Tax Increment Equivalent Grant supports substantial development, redevelopment, or rehabilitation projects that increase a property’s assessed value. It helps offset lower-tier municipal tax increases for eligible commercial, industrial, and mixed-use properties on designated Priority Sites in Bracebridge.
How much funding can be received?
Bracebridge Tax Increment Equivalent Grant Funds up to 100% of admissible expenses.
Who is eligible for the Bracebridge Tax Increment Equivalent Grant program?
To be eligible for the Bracebridge Tax Increment Equivalent Grant program, you must:
Property owner in Bracebridge.
Project on a designated Priority Site.
Substantial redevelopment or rehabilitation.
What expenses are eligible under Bracebridge Tax Increment Equivalent Grant?
Substantial development of commercial, industrial, or mixed-use properties.
Redevelopment of eligible buildings or properties.
Rehabilitation of eligible buildings or properties.
Who can I contact for more information about the Bracebridge Tax Increment Equivalent Grant?
You can contact Town of Bracebridge by email at ecdev@bracebridge.ca or by phone at 705-645-5264 ext. 3511.
Where is the Bracebridge Tax Increment Equivalent Grant available?
The Bracebridge Tax Increment Equivalent Grant program is available the province of Ontario.
Is the Bracebridge Tax Increment Equivalent Grant a grant, loan, or tax credit?
Bracebridge Tax Increment Equivalent Grant is a Grant and Funding