New Multi-Residential Developments
No fixed amount
Tax Credit
Description:
New multi-residential developments with a building permit issued after April 11, 2001 with six units or more are automatically provided with the optional property tax class at the time of assessment.
Comments on Funding:
Amount: Properties under this class receive a preferential tax ratio of 1.000 for 35 years.
Continuous Intake
Eligibility:
Applicants must be developers and property owners in Waterloo Region
Application Steps:
Applicants must contact Julie Bradey, Financial Analyst – Tax Policy at 519-575-4546.
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.
