Million dollar makeover funding program for CKL businesses

in Around Town/Business/Community by

Economic Development is excited to announce the launch of the Million Dollar Makeover funding program, a financial program to implement the Community Improvement Plan (CIP).

There is over $1 million dollars in financial incentives available  through loan and grant programs. Successful applicants will be able to use the funds to improve their commercial, mixed-use, or heritage designated residential buildings.

Funding is available to support eight types of improvement projects:

  1. improving signage;
  2. improving façades;
  3. building repairs and renovations;
  4. accessibility improvements;
  5. heritage conservation;
  6. outdoor art;
  7. outdoor patios and
  8. design studies

One million dollars is available in loans to property and business owners across the City of Kawartha Lakes. Loans will be a low interest rate over a five year term. The loan program is especially attractive to land owners who are looking to make significant improvements on one or more story of their building.

Matching fund grants (50 per cent of eligible costs) are available to properties within the downtown areas that completed a Downtown Revitalization project: Coboconk, Fenelon Falls, Lindsay, Norland and Omemee. Grants are available for the signage, façade and building repair and renovations improvement projects.

The Million Dollar Makeover is now open. Applications will be accepted until 4:30 pm on Thursday January 17, 2019. for more information.

For questions or inquiries about the program, business and property owners can contact Carlie Arbour at Economic Development at ac.se1544514119kalah1544514119trawa1544514119k@rev1544514119oekam1544514119.

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1 Comment

  1. I am still waiting for the walmart and improved transit. This incentative does not do much for the residents here. Stores are closing weekly but there is no mention in the press.

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