Niagara Region and local municipalities partner to offer financial incentives
to developers, investors and business owners to promote development
Financial incentives are available for the following types of development projects:
• Industrial Employment Land Development
• Brownfield Redevelopment
• Downtown Development
• Affordable Housing
Industrial Employment Land Development
Programs available for industrial development region-wide:
No Regional development charge on projects where industrial gross floor area is enlarged by 50% or less.
Grant of 100% of Regional development charge for industrial development. The charge is waived when the building permit is issued.
Incentives for employment land development in the Niagara Gateway Community Improvement Project Area (designated employment lands in Fort Erie, Niagara Falls, Port Colborne, Thorold and Welland):
Gateway Tax Increment Based Grant
Annual grant of 40 – 100% of the municipal (Regional and local municipal) property tax increase generated by the development, provided for up to 10 years. Grant amounts and duration of annual grant payments (5 or 10 years) depends on project location and the level of investment and job creation.
Gateway Development Charge Grant
Grant of 70 – 100% of Regional development charge for industrial employment land development projects that provide an exceptional level of economic performance and design performance.
Programs available for brownfield redevelopment region-wide:
- Automatic 50% reduction of Regional development charge.
- Automatic 75% reduction of Regional development charge if a brownfield redevelopment project is also in a designated central urban area.
- Reduction to zero of remaining Regional development charge for brownfield redevelopment projects that include Smart Growth Design Criteria.
- A number of local municipalities in Niagara also charge reduced or no local development charges on brownfield redevelopment projects.
Brownfields Tax Assistance
Freezing or cancellation of municipal and education property taxes for a period of up to 3 years during remediation and redevelopment.
Brownfields Tax Increment Grant
Annual grant of 70 – 100% of the municipal property tax increase created by the development, provided for up to 10 years.
Environmental Study Grant Program
Matching grant of up to $10,000 or more for the completion of environmental site assessments and similar studies.
Incentives for commercial, residential, mixed use and institutional development in approved downtown areas and local community improvement project areas:
Automatic 50% reduction of Regional development charge. Reduction to zero of remaining Regional development charge for projects that include Smart Growth Design Criteria. A number of local municipalities in Niagara also charge reduced or no local development charges in their central urban areas.
Tax Increment Grant
Annual grant of 60 – 100% of the municipal property tax increase created by the development, provided for up to 10 years.
Building and Façade Improvement Grants and Loans
Matching grants/no-interest loans of $10,000 – $20,000 for façade improvements and structural improvements to buildings.
Residential Grants and Loans
Matching grants/no-interest loans of $4,000 – $20,000 per residential unit for rehabilitation of existing residential units and the construction of new residential
units through infill or intensification.
Heritage Restoration and Improvement Grants and Loans
Matching grants/no-interest loans typically ranging between $5,000 and $20,000 for restoration and improvement of buildings designated under the Ontario
Programs available for affordable housing development region-wide:
Affordable Housing Development Charge Exemption
No Regional development charge for affordable housing projects funded through an agreement with Niagara Regional Housing. Programs available for affordable housing development in approved downtown areas and local community improvement areas:
Affordable Housing Grants and Loans
Matching grants/no interest loans of $10,000 – $20,000 per residential unit. Program can be utilized in addition to the Residential Grant and Loan Program in downtown areas and local community improvement areas.
For all other types of projects, please contact your local municipality.The incentive programs described above are subject to cancellation and/or modification at any time. Applicants should contact Niagara Economic Development and/or the local Niagara municipality to obtain the most up to date incentive program information.