incentives
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Downtown Revitalization Incentives Program

Contact

For more information, contact:
CIP@rmwb.ca

Downtown revitalization is one of Council’s top priorities. The Municipality has developed the Downtown Revitalization Incentives Program to help property and business owners improve their premises, attract new customers and tenants, and make the choice to stay downtown.

What are incentives and how do they work?

Incentives encourage investment that might not otherwise happen. Incentives can be used to promote specific types of development and improvements in an area. In Fort McMurray’s downtown, incentives are being offered with the aim of:

  • Retaining existing businesses and helping attract new types of business that will increase pedestrian presence on the streets.
  • Introducing new features and amenities that create interest and vibrancy, helping transform the downtown core into a place people want to spend time.
  • Improving the aesthetic qualities within the downtown.

The grants

The program offers 50 per cent matching reimbursement grants to help property owners and businesses operators:

  • Improve building exteriors or façades (up to $75,000 or $100,000, depending on the building type).
  • Upgrade or rehabilitate the interiors of existing commercial buildings (up to $50,000).
  • Construct new patios or upgrade existing patios (up to $10,000).
  • Install beautification projects (up to $5,000) and murals (up to $30,000).

The deadline for applications is Dec. 31, 2020.

Where does the program apply?

The grants will be offered to eligible buildings and applicants located in the downtown. View the program area map.

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