Back to News
Downtown businesses can take advantage of multiple downtown grants before March 31, 2022.
(Fort McMurray, AB – June 7) – Building off the success of the Downtown Revitalization Incentives Program Phase 1, downtown businesses and property owners can start submitting applications for Phase 2 grants now! The grant program was created by the Municipality to help improve properties, attract new customers and commercial tenants, and make the choice to locate or stay downtown. The Municipality recognizes the success of Phase 1 with 80 applications approved.
Funding is available on a first-come first-served basis. The deadline for applications is March 31, 2022 or once all funding has been allocated, whichever comes first. Grant eligibility for each program can be found at rmwb.ca/incentives.
What are the grants?
The Downtown Revitalization Incentives Program includes five grants offering 50-75 per cent cost recovery.
|
Façade Improvement Grant |
Up to $75,000 per building |
|
Interior Improvement Grant |
Up to $50,000 - $100,000 per building |
|
Beautification Projects and Murals Grants |
Beautification Projects up to $1,500 Murals up to $30,000 |
|
Patio Grant |
Up to $15,000 |
|
Premises Improvement Grant |
Up to $40,000 |
Premises Improvement Grant
The Municipality is introducing the newest grant available: Premises Improvement Grant. This grant will increase the functionality, safety, and visual appearance of privately owned areas surrounding existing properties. The premises is the area of the property excluding building footprints. Eligible properties include commercial, institutional, mixed-use, and apartment buildings.
For more information or to apply visit rmwb.ca/incentives. For questions regarding the application process, please contact incentives@rmwb.ca.
For all other inquiries, please contact Pulse at 780-743-7000 or toll free at 1-800-973-9336.
-30-
Subscribe