Barton / Kenilworth Tax Increment Grant (BKTIG) Program
The Barton/Kenilworth Tax Increment Grant Program provides financial incentives to property owners along the Barton Street East and Kenilworth Avenue North commercial corridors to develop, redevelop, or improve properties and buildings including designated heritage sites. The program supports the broader revitalization of these districts while generating new municipal property tax revenue through increased property assessments.
Offered by Invest in Hamilton
Amount
Maximum annual Grant as a percentage of actual municipal tax increment generated from improvement/development: Years 1–5: 100%; Year 6: 80%; Year 7: 60%; Year 8: 40%; Year 9: 20%; total Grant over the maximum nine-year term not to exceed the total cost of the Site's improvement/development
Quick eligibility check
Who can apply
Applies to properties within the following Community Improvement Project Areas: Barton Village Commercial District; the Barton Street East and Kenilworth Avenue North Strategic Commercial Corridors; and properties within the Downtown Hamilton Commercial District fronting Barton Street East between James Street North and Victoria Avenue North.
To accompany application:
- $330 Application Fee for grants less than or equal to $12,500
- $1,130 Application Fee for grants greater than $12,500
Note:
if the property assessment is under appeal, an application will not be accepted.
Note: Applicant must be registered owner of the property.
About the funding
Grants are provided relative to the actual increase in municipal property taxes generated from the improvement/development undertaken on a property. For maximum amounts and details, please refer to the full program description.
Paid as a maximum of nine annual Grant payments, each based on the municipal property tax increment generated in that year; the annual Grant is adjusted to reflect changes in the municipal property taxes levied. Special charges, including BIA levies, are excluded from the calculation. The Grant is reduced by any property taxes cancelled or reduced under other City programs, tax appeals or a Request for Reconsideration. For condominium developments, the annual Grant is reduced by 25% if a unit owner files an appeal with MPAC, until the appeal is determined.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Barton / Kenilworth Planning and Building Fees Rebate (BKPBFR) Program | Grant, Rebate | Grant up to a maximum of $25,000 for eligible City planning application fees and a maximum of $25,000 for eligible City building application fees for a total maximum grant of $50,000 | Open |
| Barton / Kenilworth Revitalization Grant (BKRG) Program | Grant | Up to $75,000 | Open |
| Commercial District Revitalization Grant Program | Grant | 50% of Eligible Costs | Open |
| Commercial Vacancy Assistance (CVA) Program | Grant | 50% matching grant: up to $5,000 for lease terms between three months and just under six months | Open |
