Downtown / West Harbourfront Remediation Loan Program (RLP)
The Hamilton Downtown/West Harbourfront Remediation Loan Program (RLP) has been developed to stimulate residential or residential / commercial development/redevelopment on properties requiring remediation (i.e. brownfield properties) that are located within Downtown Hamilton or the West Harbourfront. The Program will provide financial assistance through a low interest loan equal to 80% of the cost of remediating a property within the defined areas to a maximum of $400,000 per property/project. The loan is to be a ‘bridge’ until such time as the property owner receives their ERASE Redevelopment Grant or the Hamilton Tax Increment Grant.