Closed
City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs
Funding for new housing development in Thunder Bay
Last Update: April 27, 2026
Funding available
$ 300,000
Timeline
- Receipt of requests is now closed
Location
Thunder Bay, Ontario, Canada
Overview
Up to $300,000 per property is available to support housing development in Thunder Bay. The program helps create new residential units through grants for permits, additional dwelling units, multi-unit housing, rehabilitation, conversion, and servicing upgrades.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Improve governance or administrative structure
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 300,000 $
- Up to 100% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
Location
- Thunder Bay
- Ontario
Legal structures
- Non-profit
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Housing
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- New residential unit creation
- Additional dwelling units
- Multi-unit residential buildings
- Housing rehabilitation and conversion
- Municipal servicing upgrades for ADUs
Documents Needed
- Completed application form
- Supporting documents and reports
- Work plan and project details
- Cost estimates and contracts
- Photos, drawings, and financing information
Eligibility
Who is eligible?
- Property owners
- Assessed owners
- Tenants with written owner consent
- Property owners’ appointed agents
Eligible expenses
- Planning and building permit fees
- Construction and rehabilitation costs
- Municipal servicing upgrades
- Professional studies, plans, and design services
- Materials and code-compliance work
Ineligible Costs and Activities
- Letters of credit and maintenance guarantees
- Required professional studies for the permit fee grant
- Ongoing deposits tied to OLT or court proceedings
- Newspaper notice costs
- Short-term accommodation units
Eligible geographic areas
- City of Thunder Bay Community Improvement Project Area (CIPA)
Processing and Agreement
- Applicants are encouraged to discuss the project with CIP staff before applying.
- Applications are reviewed for completeness, eligibility, and project quality.
- Approved applicants must sign a Financial Assistance Agreement.
- Work must start within six months of approval and be completed as agreed.
- Final inspection and supporting documents are required before payment.
Additional information
- The program is implemented by the City of Thunder Bay.
- Projects may need to align with the City’s Housing Land Needs Study & Strategy.
- The program runs on a 10-year implementation period ending February 2034.
Frequently Asked Questions about the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs Program
What is the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs?
Up to $300,000 per property is available to support housing development in Thunder Bay. The program helps create new residential units through grants for permits, additional dwelling units, multi-unit housing, rehabilitation, conversion, and servicing upgrades.
How much funding can be received?
City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs Funds up to 100% of admissible expenses, capped at $300,000 per project.
Who is eligible for the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs program?
To be eligible for the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs program, you must:
New residential units required
Within Thunder Bay CIPA
Owner, tenant, or agent
What expenses are eligible under City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs?
New residential unit creation
Additional dwelling units
Multi-unit residential buildings
Housing rehabilitation and conversion
Municipal servicing upgrades for ADUs
Where is the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs available?
The City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs program is available the province of Ontario.
Is the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs a grant, loan, or tax credit?
City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs is a Grant and Funding
Who are the financial supporters of the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs?
City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs is funded by City of Thunder Bay