D
Closed
Downtown Rental Housing Program
Supports downtown rental housing development
Last Update: April 27, 2026
Funding available
$ 15,000
Timeline
- Receipt of requests is now closed
Location
Mount Brydges, Strathroy, Ontario
Overview
This municipal program supports downtown rental housing development in Strathroy and Mount Brydges. It offers financial incentives for new rental units, conversions of non-residential space, and related professional fees.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Renovate or expand facilities
- Ensure financial sustainability
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 15,000 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Real estate and rental and leasing
Location
- Mount Brydges, Strathroy
- 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
- Development or redevelopment of new downtown rental housing units.
- Conversion of existing non-residential space into residential rental units.
- Related professional services for eligible housing works.
Eligibility
Who is eligible?
- Property owners.
Who is not eligible
- Projects converting ground-level non-residential floor space to residential, unless specifically allowed by the Municipality.
Eligible expenses
- Building permit and planning fees.
- Construction costs for eligible rental housing works.
- Professional fees related to the project.
- Annual tax increment incentive tied to property tax increase.
Ineligible Costs and Activities
- Conversion of ground-level non-residential floor space to residential, unless expressly permitted by the Municipality.
- Projects not maintaining rental use for the required 10-year period.
- Projects that do not meet the applicable downtown design requirements in Downtown Strathroy.
Eligible geographic areas
- Downtown Strathroy.
- Mount Brydges Commercial Core.
Processing and Agreement
- Applications are reviewed under the municipal program rules.
- Approved applicants must sign an agreement with the Municipality.
- Grant payments under the Annual Tax Increment Grant require property taxes to be paid in full first.
Additional information
- A municipal agreement is required for approved projects.
- Residential units must remain rentals for at least 10 years.
- Projects in Downtown Strathroy must follow the Downtown Strathroy Urban Design Guidelines.
Contacts
Frequently Asked Questions about the Downtown Rental Housing Program Program
Here are answers to the most common questions about the Downtown Rental Housing 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 Downtown Rental Housing Program?
This municipal program supports downtown rental housing development in Strathroy and Mount Brydges. It offers financial incentives for new rental units, conversions of non-residential space, and related professional fees.
How much funding can be received?
Downtown Rental Housing Program Funds up to 50% of admissible expenses, capped at $15,000 per project.
Who is eligible for the Downtown Rental Housing Program program?
To be eligible for the Downtown Rental Housing Program program, you must:
Downtown rental housing project.
Municipal agreement required.
Long-term rental use required.
What expenses are eligible under Downtown Rental Housing Program?
Development or redevelopment of new downtown rental housing units.
Conversion of existing non-residential space into residential rental units.
Related professional services for eligible housing works.
Who can I contact for more information about the Downtown Rental Housing Program?
You can contact Municipality of Strathroy-Caradoc by email at none or by phone at none.
Where is the Downtown Rental Housing Program available?
The Downtown Rental Housing Program program is available the province of Ontario.
Is the Downtown Rental Housing Program a grant, loan, or tax credit?
Downtown Rental Housing Program is a Grant and Funding