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Storefronts in Richmond Hill

Up to $100K Grants on Tap For Richmond Hill Businesses as City Extends Program

There are three grant types in the CIP program — tax increment equivalent grant for new offices, building renovation grant and facade improvement, landscape and signage grant, von Kursell said at her presentation to council.
Categorized in: Business, Small Business Posted on: Last updated on: Written by:
Storefronts in Richmond Hill

As local businesses are navigating the post-pandemic economy, the City of Richmond Hill is offering another round of financial incentives to help existing businesses recover and attract new opportunities. The city has renewed a grant program created in 2018 to encourage new office development and incentivize facade improvements in designated areas across the city, including the downtown core and older business parks.

City council adopted a proposal to renew the Office Development and Village Local Centre Revitalization Community Improvement Plan (CIP) program for another five years at the April 27 meeting.

Full Article: thestar.com