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Tax Increment Equivalent Grant (TIEG) Program
Tax relief for major development projects
Last Update: April 26, 2026
Funding available
Up to 100% of project cost
Timeline
- Receipt of requests is now closed
Location
Ontario
Overview
This program supports substantial redevelopment, rehabilitation, development, infill, and intensification projects by reducing the property tax increase they generate. Funding is provided as an annual tax increment equivalent grant for up to five years, based on the Township property tax increase.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Up to 100% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Construction
- Manufacturing
- Wholesale trade
- Retail trade
- Real estate and rental and leasing
Location
- 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
- Substantial rehabilitation projects.
- Redevelopment and development projects.
- Infill and intensification projects.
- Major building upgrades or expansions.
Eligibility
Who is eligible?
- Property owners undertaking substantial development projects.
- Applicants carrying out redevelopment, rehabilitation, infill, or intensification projects.
Eligible geographic areas
- Centre Wellington Township, Ontario, Canada.
Processing and Agreement
- Project completion and final inspections must occur before payment.
- The Township reviews the completed project using the evaluation framework.
- Payment is made only after all program requirements are met.
- Annual grant payments continue only while conditions remain satisfied.
Additional information
- The grant is paid annually for up to five years after project completion.
- Pre-project municipal taxes are set at the time the application is approved.
- The Township may set a maximum total grant per application, property, or project.
- The grant may be assigned only in connection with a property sale or transfer, and then ends on any later transfer.
Contacts
Frequently Asked Questions about the Tax Increment Equivalent Grant (TIEG) Program Program
Here are answers to the most common questions about the Tax Increment Equivalent Grant (TIEG) 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 Tax Increment Equivalent Grant (TIEG) Program?
This program supports substantial redevelopment, rehabilitation, development, infill, and intensification projects by reducing the property tax increase they generate. Funding is provided as an annual tax increment equivalent grant for up to five years, based on the Township property tax increase.
How much funding can be received?
Tax Increment Equivalent Grant (TIEG) Program Funds up to 100% of admissible expenses.
Who is eligible for the Tax Increment Equivalent Grant (TIEG) Program program?
To be eligible for the Tax Increment Equivalent Grant (TIEG) Program program, you must:
Substantial development project.
Minimum evaluation score required.
Property reassessed after completion.
What expenses are eligible under Tax Increment Equivalent Grant (TIEG) Program?
Substantial rehabilitation projects.
Redevelopment and development projects.
Infill and intensification projects.
Major building upgrades or expansions.
Who can I contact for more information about the Tax Increment Equivalent Grant (TIEG) Program?
You can contact Township of Centre Wellington by email at none or by phone at 519.846.9691 x304.
Where is the Tax Increment Equivalent Grant (TIEG) Program available?
The Tax Increment Equivalent Grant (TIEG) Program program is available the province of Ontario.
Is the Tax Increment Equivalent Grant (TIEG) Program a grant, loan, or tax credit?
Tax Increment Equivalent Grant (TIEG) Program is a Grant and Funding