Closed
Town of Prescott - CIP Incentive Program
Financial incentives for property revitalization
Last Update: June 8, 2026
Funding available
$ 100,000
Timeline
- Receipt of requests is now closed
Location
Prescott, Montérégie, Ontario, Canada
Overview
The Town of Prescott offers financial incentives for property revitalization, redevelopment, and housing development. Support is available for downtown improvements, employment lands, heritage properties, brownfield remediation, and large-scale residential projects, with grants up to $22,000 in Area 1.
/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 $
- Up to 50% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- Prescott
- Montérégie
- 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 revitalization and façade improvements
- Employment lands improvements and business expansion
- Heritage property preservation and rehabilitation
- Brownfield assessment, remediation, and redevelopment
- Large-scale residential development with an affordable housing component
Documents Needed
- 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
Eligibility
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
Processing and Agreement
- 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.
Additional information
- 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.
Contacts
Frequently Asked Questions about the Town of Prescott - CIP Incentive Program Program
Here are answers to the most common questions about the Town of Prescott - CIP 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 Town of Prescott - CIP Incentive Program?
The Town of Prescott offers financial incentives for property revitalization, redevelopment, and housing development. Support is available for downtown improvements, employment lands, heritage properties, brownfield remediation, and large-scale residential projects, with grants up to $22,000 in Area 1.
How much funding can be received?
Town of Prescott - CIP Incentive Program Funds up to 50% of admissible expenses, capped at $100,000 per project.
Who is eligible for the Town of Prescott - CIP Incentive Program program?
To be eligible for the Town of Prescott - CIP Incentive Program program, you must:
Property must be in an eligible CIP area.
Project must meet zoning and design rules.
Owner or tenant may apply with authorization.
What expenses are eligible under Town of Prescott - CIP Incentive Program?
Downtown revitalization and façade improvements
Employment lands improvements and business expansion
Heritage property preservation and rehabilitation
Brownfield assessment, remediation, and redevelopment
Large-scale residential development with an affordable housing component
Who can I contact for more information about the Town of Prescott - CIP Incentive Program?
You can contact Town of Prescott by email at dvalentyne@prescott.ca or by phone at 613-925-2812 Ext: 6221.
Where is the Town of Prescott - CIP Incentive Program available?
The Town of Prescott - CIP Incentive Program program is available Montérégie, Ontario.
Is the Town of Prescott - CIP Incentive Program a grant, loan, or tax credit?
Town of Prescott - CIP Incentive Program is a Grant and Funding