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
Here are answers to the most common questions about the City of Thunder Bay Housing Community Improvement Plan (Housing CIP) – Financial Incentive Programs. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
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