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Downtown Whitby Tax Increment Equivalent Grant
A tax increment grant supports eligible Downtown Whitby redevelopment projects that increase municipal assessment.
About this program
The Downtown Whitby Tax Increment Equivalent Grant helps make substantial rehabilitation, redevelopment, and intensification projects more feasible by returning a portion of the municipal tax increase generated by approved property improvements. The program supports private investment and revitalization in the Downtown Whitby Community Improvement Plan area.
Eligibility
Eligible applicants are property owners or developers with qualifying redevelopment or rehabilitation projects in Downtown Whitby that increase property assessment.
Requirements
- Property must be in the Downtown Whitby Community Improvement Plan area.
- Project must involve eligible redevelopment, rehabilitation, or intensification work.
- Project must result in an increase in municipal property assessment.