Closed
Source verified July 25, 2026
Bracebridge Tax Increment Equivalent Grant
Support 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
Closed
Location
Bracebridge, Ontario, Canada
Overview
The Tax Increment Equivalent Grant supports Bracebridge property owners whose municipal property taxes increase after substantial development, redevelopment, or rehabilitation of eligible commercial, industrial, or mixed-use properties, with grants that can equal up to 100% of the tax increase in year one. Eligible work includes development, redevelopment, or rehabilitation of commercial, industrial, or mixed-use properties.
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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, redevelopment, or rehabilitation of commercial, industrial, and mixed-use buildings or properties.
Official resources
Eligibility
Who is eligible?
- Property owners.
Eligible geographic areas
- 19 Monck Road; 28 McMurray Street; 101 Entrance Drive (Muskoka Foundry); Bracebridge Power Centre North; Bracebridge Power Centre South; Canyon Court Business Park.
- Caribou Lodge, High Falls Resort, and Inn at the Falls in lands zoned CT – Tourist Commercial.
- Vacant lands zoned C1 – Office Commercial, C3 – General Commercial Zone/Downtown, C4 – District Shopping Centre, M1 – Business Park, and M2 – General Industrial.
Selection criteria
- All sources of additional funding and incentives must be declared at application submission and will be considered upon review and evaluation.
How to apply
- Contact the Economic Development Officer for a pre-consultation before submitting an application by email or by calling 705-645-5264 ext. 3511.
- Submit the application through the online CIP application form.
Processing and Agreement
- Project work cannot commence until after the application has been formally approved.
- Funding approval will lapse if the Town is not notified of project completion within twelve (12) months of the date of the Notice of Decision.
- The Director of Planning and Development may grant an extension for community improvement works following receipt of a written request by the owner setting out the reasons for the extension.
Contacts
Frequently Asked Questions about the Bracebridge Tax Increment Equivalent Grant Program
What is the Bracebridge Tax Increment Equivalent Grant?
The Tax Increment Equivalent Grant supports Bracebridge property owners whose municipal property taxes increase after substantial development, redevelopment, or rehabilitation of eligible commercial, industrial, or mixed-use properties, with grants that can equal up to 100% of the tax increase in year one. Eligible work includes development, redevelopment, or rehabilitation of commercial, industrial, or mixed-use properties.
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:
Only property owners can apply.
The project must involve substantial development, redevelopment, or rehabilitation of a commercial, industrial, or mixed-use property.
The project must result in a minimum $500,000 increase in assessed value.
What expenses are eligible under Bracebridge Tax Increment Equivalent Grant?
Substantial development, redevelopment, or rehabilitation of commercial, industrial, and mixed-use 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