Program Details: Saugeen Shores needs more rental homes, in more shapes and sizes. If you’re a landowner or developer with a serviced property zoned for residential use, this grant returns a portion of your development charges (DCs) when you build, redevelop, or make major renovations for rental housing.
Incentive: Up to 50% of the Town’s DCs are returned to a maximum of $150,000 — whichever is less. The grant is based on what you owe after any exemptions or reductions.
You may be eligible to apply to this program, if:
- You meet the general eligibility criteria identified in Section 5.1 of the CIP and additional eligibility criteria (as applicable) identified in Schedule E: Section 4.
- Your property is within the designated settlement area, serviced and zoned to allow residential use.
- You are a property owner or developer seeking development, redevelopment, or adaptive reuse of a property for residential purposes.
If your application is approved, how do you get the incentive?
- You enter into an agreement with the Town.
- You have no outstanding taxes, charges, or orders issued by the Town on the property.
- You have completed the construction of the Purpose-Built Rental Units and have submitted the following information to the Town:
- Proof of occupancy (e.g., occupancy permit)
Note: The Town reimburses the identified charges as a one-time grant, paid in full even if you’re still making installments under the Development Charges Act.
If you are interested in applying to this grant program, please fill out the Intent to Apply Form and a Town Staff member will follow-up to schedule a discussion.