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Closed
Community Improvement Plan Incentive Program
Funding for Prescott property revitalization projects
Last Update: April 27, 2026
Funding available
$ 100,000
Timeline
- Receipt of requests is now closed
Location
Prescott, Ontario
Overview
The program offers incentives of up to $100,000 to support property improvements, revitalization, and redevelopment in Prescott. It covers façade upgrades, signage, accessibility, interior work, brownfield remediation, and large-scale residential development.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Implement environmental initiatives
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 100,000 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
- Retail trade
- Real estate and rental and leasing
- Professional, scientific and technical services
- Arts, entertainment and recreation
- Accommodation and food services
- Public administration
Location
- Prescott
- Ontario
Legal structures
- All legal structures
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
- Downtown and RiverWalk revitalization projects.
- Employment area building and business expansion projects.
- Heritage property restoration and rehabilitation.
- Brownfield assessment, remediation, and redevelopment.
- Large-scale residential development with affordable housing.
Documents Needed
- Completed application form
- Proof of property ownership or lease
- Project drawings, photos, and mock-ups
- Cost estimates or quotations
- Supporting documents required by the Town
Eligibility
Who is eligible?
- Commercial property owners and tenants
- Industrial property owners and tenants
- Heritage property owners and tenants
- Owners of brownfield properties
- Owners of large-scale residential development projects
Who is not eligible
- Properties without a commercial, mixed-use, industrial, residential, or eligible heritage/brownfield designation in the program area
- Applicants without owner authorization when applying as a tenant
- Properties with tax arrears or other outstanding municipal accounts, for grant or loan support
Eligible expenses
- Façade improvements, signage, and accessibility upgrades.
- Interior renovations and related building improvements.
- Planning, permit, and application fees.
- Brownfield assessment and remediation-related costs.
Ineligible Costs and Activities
- Work completed before application, unless pre-approved.
- Applicant labour costs not supported by proof of payment.
- Non-fixed property improvements.
- Projects that do not comply with required municipal design rules.
Eligible geographic areas
- Town of Prescott, Ontario
- Downtown Core & RiverWalk District
- Employment Lands area
- Heritage Conservation area
- Brownfield area
- Large Scale Residential Development area
Processing and Agreement
- Pre-consultation with Town staff is recommended before applying.
- Town staff complete a preliminary screening and may visit the site.
- The Planning Advisory Committee reviews eligible applications.
- Applicants are notified of approval or refusal after the PAC meeting.
- Approved applicants must sign an agreement before funding is issued.
Additional information
- Applicants must sign a funding agreement before receiving approved funding.
- Applications are reviewed by Town staff and the Planning Advisory Committee.
- Payments are made after proof of payment and completion verification.
- Projects completed before application are generally not eligible.
Contacts
Frequently Asked Questions about the Community Improvement Plan Incentive Program Program
Here are answers to the most common questions about the Community Improvement Plan Incentive Program. 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 Community Improvement Plan Incentive Program?
The program offers incentives of up to $100,000 to support property improvements, revitalization, and redevelopment in Prescott. It covers façade upgrades, signage, accessibility, interior work, brownfield remediation, and large-scale residential development.
How much funding can be received?
Community Improvement Plan Incentive Program Funds up to 50% of admissible expenses, capped at $100,000 per project.
Who is eligible for the Community Improvement Plan Incentive Program program?
To be eligible for the Community Improvement Plan Incentive Program program, you must:
Located in an eligible CIP area.
Project fits program goals.
Owner or authorized tenant applies.
What expenses are eligible under Community Improvement Plan Incentive Program?
Downtown and RiverWalk revitalization projects.
Employment area building and business expansion projects.
Heritage property restoration and rehabilitation.
Brownfield assessment, remediation, and redevelopment.
Large-scale residential development with affordable housing.
Who can I contact for more information about the Community Improvement Plan Incentive Program?
You can contact Town of Prescott by email at dvalentyne@prescott.ca or by phone at 613-925-2812.
Where is the Community Improvement Plan Incentive Program available?
The Community Improvement Plan Incentive Program program is available the province of Ontario.
Is the Community Improvement Plan Incentive Program a grant, loan, or tax credit?
Community Improvement Plan Incentive Program is a Grant and Funding