LEED Grant Program

By mmuise
Description:

The intent of the LEED Grant Program is to provide an economic catalyst for the construction and or redevelopment of sustainable industrial, commercial, mixed-use and multi-unit residential (as defined in Part 3 (Group C) of the National Building Code) buildings and land development in the urban area. This program applies to the Hamilton LEEDING the Way Community Improvement Project Area (as such boundaries are presently defined).


Comments on Funding:

Funding will take the form of a five year grant, the amount of which is subject to Council approval, in an amount not exceeding the increase in municipal realty taxes as a direct result of the development/redevelopment of land and/or building.
The grant which may be approved by Council shall be an amount which does not exceed 75% of the municipal realty tax increase during the first five (5) years following which the building has been officially certified under the LEED rating system by the Canadian Green Building Council (CaGBC).

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be owners of land and/or buildings in the Hamilton LEEDING the Way Community Improvement Project Area;
  • be developing, redeveloping or renovating lands and buildings within the Hamilton LEEDING the Way Community Improvement Project area for LEED certified industrial, commercial, mixed-use and multi-unit residential projects.
Application Steps:

Applicants must:

1. pay the application fee ($970.00);

2. submit an application;

3. pay the administration fee ($515.00)

4. have paid in full each year their realty taxes and must be in compliance with the City’s by-laws and policies before any grant is provided to the applicant for a property for which a satisfactory grant application has been received;

5. enter into an Agreement with the City of Hamilton that sets out the conditions of the annual grant.

Documentation Needed:

Applicants must submit:
1. a completed application form;
2. action or business plan and /or other consultant reports and/or work plan/budget that provides estimates of the costs to achieve LEED certification.

Other Things to Note:

For further details please contact Phil Caldwell, Senior Project Manager, Urban Renewal at 905-546-2424 ext. 2359 or at phil.caldwell@hamilton.ca .
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mmuise