COMMERCIAL VACANCY ASSISTANCE (CVA) PROGRAM
Documents
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Commercial Vacancy Assistance Application 2022 (PDF) -
Commercial Vacancy Assistance Program 2022 (PDF)
| Overview: This pilot program is intended to provide financial assistance in the form of a Grant to new permanent or ‘pop-up’ commercial tenants of a presently vacant at, or below grade, commercial space. The aim is to make permanent interior improvements for the attractiveness and usability of the space for the intended commercial use. Who: Those looking to establish a new retail business, artist Amount: The maximum Grant amount under this Program is paid on a matching basis (50%-50%) for eligible work to a maximum of: a. $5,000 where the Applicant has entered into a lease term of between no less than three months and no longer then six months less a day; or b. $10,000 where the Applicant has entered into a lease term of six months or longer. Where: This Program applies to properties zoned to permit commercial uses which are located within the following Community Improvement Project Areas: Ancaster, Barton Village, Binbrook, Concession Street, Downtown Hamilton, Dundas, Locke Street, Ottawa Street, Stoney Creek, Waterdown and Westdale Commercial Districts;the Mount Hope/Airport Gateway; andAll Strategic Commercial Corridors. Goals: modern and updated commercial spaces, commercial area vibrancy |