Revitalization Incentive Program
No fixed amount
Grant, Tax Credit
Description:
The City provides financial support for property and business owners to make exterior improvements to their property, building code compliance improvements and other improvements contributing to revitalization and beautification within established areas of the city.
Comments on Funding:
Revitalization grants are subject to budget availability and intake may be closed or suspended by the City at any time without notice.
Continuous Intake
Eligibility:
Eligibility Criteria:
1. Projects may be for existing commercial, mixed-use or residential buildings.
2. Properties or buildings must be located within the boundaries of the Incentive Target Area (view the interactive map below).
3. Revitalization projects must incur a minimum of $5,000 in total eligible project costs defined in Section 4.8 Eligible Project Costs of the Revitalization Incentive Policy.
4. The portion of the property undergoing revitalization must not have received a Revitalization Grant or Revitalization Tax Incentive within the preceding 10 years.
Application Steps:
The City will encourage applicants to participate in a pre-application meeting to clarify requirements before applying.
Documentation Needed:
(a) for interior work:
(b) for exterior work, professionally prepared drawings of the façade or exterior improvement design showing colours, materials and product specification,
(c) digital images which provide an overall view of the exterior of the property and interior spaces where work is to be performed,
(d) for each eligible project cost:
(e) for each entity providing an estimate under subsection (d) and section 27, one of the following licensing information will be required:
(f) a development permit, building permit or confirmation of zoning compliance from the City of Regina Planning & Development Services department, if the project requires a permit,
(g) Province of Saskatchewan Land Titles Registry Title or other proof of ownership, and
(h) the applicant’s Information Services Corporation incorporation information, if the applicant is a corporation.
Other Things to Note:
Eligible projects may apply for one of the following revitalization incentives:
(a) revitalization tax exemption, or
(b) revitalization grant.
About the author
Maurice
