Business Improvement Area Missing Middle Residential Infill Grant Program
The main purpose of the Business Improvement Area Missing Middle Residential Infill Grant Program is to incentivize, by way of grants, the development of new housing developments within Monctonâs Business Improvement Area (BIA) over the HAF funding period (2023-2026). The program includes a per-door incentive grant for new dwelling units disbursed upon the successful completion of the buildingâs foundation.
Offered by Moncton Impact
Amount
$15,000 per new dwelling unit, not to exceed $150,000 per development (a total of 10 new dwelling units)
Quick eligibility check
Who can apply
This Policy applies to residential development within the City of Moncton Business Improvement Area (BIA).
(2) To be eligible for the grant, the proposed development must:
- Add new dwelling units to the subject property;
- Create a minimum of eight (8) dwelling units on the subject property in one building;
- Be located within the Downtown Business Improvement Area (BIA), as identified in the
âBusiness Improvement Area By-lawâ; and
- Have a valid building permit issued for the development.
- This grant is only eligible to developments that have applied for a building permit after the
approval date of this Policy.
About the funding
$15,000 per new unit to a maximum of $150,000 per development
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Accessory Dwelling Unit Grant Program | Grant | A grant in the amount of $10,000, disbursed upon approval of the Application after the project's final inspection, with one application per property | Open |
| Affordable Housing Grant for Existing Affordable Housing | Grant | Grant equal to up to 100% of the fees and costs for building and development permits, demolition permits and variances, based on a prioritization score of up to 400 points and prorated by the percentage of the building with affordable or sleeping units | Open |
| Affordable Housing Grant for New Developments | Grant | A grant equaling up to 100% of the fees and costs for building and development permits, demolition permits, subdivision approvals, Municipal Plan and Zoning By-law amendments, variances and Planning Advisory Committee applications, based on prioritization scoring (maximum 450 points) and prorated by the percentage of the building that includes affordable or sleeping units | Open |
| Agri-Land Accessibility and Enhancement | Grant | Up to 50% (re-development of inactive land) or 30% (other land elements) of eligible costs, maximum combined annual contribution of $7,000 for program elements 1 â 5 (not to exceed a combined total of $35,000 over April 1, 2023 â March 31, 2028) | Open |
