Town of Prescott - CIP Incentive Program

• Completed application form
• Project plans, drawings, and colour samples
• Photos of the existing building or site
• Project timeline and description
• Cost estimates and supporting documentation

Who is eligible?

• Commercial property owners and tenants
• Industrial property owners and tenants
• Heritage property owners and tenants
• Brownfield property owners
• Residential developers with affordable housing projects

Who is not eligible

• Properties without the required commercial, mixed-use, residential, or other eligible zoning for the relevant area
• Projects that do not include the required commercial, job creation, or affordable housing component where applicable
• Applicants with municipal arrears or outstanding work orders

Eligible expenses

• Building façade improvements, including repairs, restoration, repainting, and exterior features
• Signage, accessibility upgrades, and interior improvements
• Permit and application fees for eligible planning and building permits
• Interest-free loan-eligible property improvements
• Environmental site assessment studies and brownfield remediation costs

Ineligible Costs and Activities

• Work completed before application, unless approved as a case-by-case exception in advance.
• Non-fixed property improvements and labour costs performed by the applicant or owner.
• Projects that do not follow the required Town design guidelines and approvals.

Eligible geographic areas

• Town of Prescott, Ontario

• Consistency with the Town’s vision, design guidelines, and policies.
• Support for revitalization, job creation, heritage preservation, or housing goals.
• For employment projects, a demonstrated permanent increase in employment.
• For brownfield projects, redevelopment must increase assessed value and property tax revenue.

• Step 1: Pre-consultation
  • Arrange a meeting with the Economic Development Office.
  • Confirm eligibility, scope of work, timing, and supporting document requirements.
• Step 2: Application submission
  • Complete the application form.
  • Submit the application and supporting documents by email, in person, or by mail.
• Step 3: Review and approval
  • Town staff review the application and may visit the site.
  • The Planning Advisory Committee reviews the file and the Town notifies the applicant of the decision.
  • If approved, a funding agreement is prepared and signed.
• Step 4: Project completion and payment
  • Complete the work and submit invoices and proof of payment.
  • The Town inspects or verifies the work before issuing payment.

• The Town reviews the application and supporting materials, and may conduct a site visit.
• The Planning Advisory Committee reviews the application, usually within about 30 days.
• Applicants are notified of the approval decision shortly after the committee meeting.
• If approved, a funding agreement is prepared and executed before payments begin.
• Payments are made after project completion, proof of payment, and Town verification.

• Applications are reviewed by the Planning Advisory Committee.
• A funding agreement is required before funds are issued.
• Grant and loan payments are made after proof of payment and inspection.
• Applications are processed on a first-come, first-served basis, subject to available funding.