The City of Hamilton has initiated a number of grant and loan programs that are available to property owners to rehabilitate their building and assist in the revitalization efforts in downtown Hamilton. This program offers downtown commercial property owners interest free 10-year term loans to improve commercial buildings in Business Improvement Areas.
Improvements can be to the exterior or interior of the building.
By-Law and fire code. The fund offers interest free loans for buildings designated under the Ontario Heritage Act. Open for Business Policy To encourage new residential and commercial development in downtown Hamilton, the City of Hamilton initiated programs that have resulted in the refund of numerous building related fees, a moratorium on development charges, a refund of parkland dedication fees and no parking requirements. For more information, check out the City of Hamilton Economic Development Department website.