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Prescott Downtown Core and RiverWalk District CIP Incentives - Canada
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Prescott Downtown Core and RiverWalk District CIP Incentives

Financial support for Prescott property improvement projects
Last Update: June 9, 2026
View official website
Funding available
$ 1,000 - $ 100,000
Timeline
  • Receipt of requests is now closed
Location
Canada

Overview

Prescott Community Improvement Plan offers financial incentives to support downtown, heritage, brownfield, employment, and residential redevelopment in Prescott. Eligible work includes façade, signage, accessibility, interior improvements, studies, remediation, and related permit and application fees.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Implement environmental initiatives
  • Reduce environmental footprint
  • Renovate or expand facilities
Eligible Funding
  • Maximum amount : 100,000 $
  • Minimum amount : 1,000 $
  • Up to 50% of project cost
Timeline
  • Receipt of requests is now closed

Eligible candidates

Eligible Industries
  • All industries
Location
  • Canada
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 property revitalization
  • Heritage building restoration and rehabilitation
  • Brownfield study, cleanup, and redevelopment
  • Employment lands improvements
  • Multi-unit residential development with affordable housing

Documents Needed

  • Completed application form
  • Supporting documentation for the proposed project
  • Project plans, colour samples, drawings, and photos
  • Timeline for completion
  • Estimate of eligible costs and supporting quotes

Eligibility

Who is eligible?

  • Commercial property owners
  • Commercial tenants authorized by the owner
  • Industrial property owners and tenants
  • Heritage property owners or tenants
  • Owners of residential development projects with affordable housing

Who is not eligible

  • Properties without a commercial, mixed-use, or residential zoning match for the selected area
  • Applicants with outstanding municipal arrears
  • Work completed before application, unless pre-approved
  • Off-site signs in the Downtown RiverWalk District

Eligible expenses

  • Façade, signage, accessibility, and interior improvements
  • Studies, reports, and environmental assessments
  • Site remediation and rehabilitation work
  • Permit and application fees

Ineligible Costs and Activities

  • Work completed before application, unless approved in advance on a case-by-case basis
  • Labor costs performed by the applicant or owner unless properly substantiated
  • Non-fixed property improvements
  • Projects or properties that do not comply with program requirements

Eligible geographic areas

  • Town of Prescott
  • Downtown Core & RiverWalk District
  • Employment Lands
  • Heritage Conservation Area
  • Brownfield Area
  • Large Scale Residential Development Area

Processing and Agreement

  • Applications are reviewed by Town staff and may include a site visit.
  • Applications are reviewed by the Planning Advisory Committee.
  • Applicants are notified of the approval status after review.
  • Approved projects require a funding agreement with the Town.
  • Payments are made after completion, verification, and proof of payment.

Additional information

  • Applications are reviewed by the Planning Advisory Committee within about 30 days.
  • A funding agreement must be executed before incentives are paid.
  • Proof of invoices and payment is required for project payments.
  • Payments are processed monthly.

Contacts

Frequently Asked Questions about the Prescott Downtown Core and RiverWalk District CIP Incentives Program

What is the Prescott Downtown Core and RiverWalk District CIP Incentives?

Prescott Community Improvement Plan offers financial incentives to support downtown, heritage, brownfield, employment, and residential redevelopment in Prescott. Eligible work includes façade, signage, accessibility, interior improvements, studies, remediation, and related permit and application fees.

How much funding can be received?

Prescott Downtown Core and RiverWalk District CIP Incentives Funds up to 50% of admissible expenses, capped at $100,000 per project.

Who is eligible for the Prescott Downtown Core and RiverWalk District CIP Incentives program?

To be eligible for the Prescott Downtown Core and RiverWalk District CIP Incentives program, you must: Property must be in an eligible CIP area. Owner or authorized tenant may apply. Project must follow Town guidelines.

What expenses are eligible under Prescott Downtown Core and RiverWalk District CIP Incentives?

Downtown and RiverWalk property revitalization Heritage building restoration and rehabilitation Brownfield study, cleanup, and redevelopment Employment lands improvements Multi-unit residential development with affordable housing

Who can I contact for more information about the Prescott Downtown Core and RiverWalk District CIP Incentives?

You can contact Town of Prescott by email at dvalentyne@prescott.ca or by phone at 613-925-2812 Ext: 6221.

Where is the Prescott Downtown Core and RiverWalk District CIP Incentives available?

The Prescott Downtown Core and RiverWalk District CIP Incentives program is available across Canada.

Is the Prescott Downtown Core and RiverWalk District CIP Incentives a grant, loan, or tax credit?

Prescott Downtown Core and RiverWalk District CIP Incentives is a Grant and Funding