Niagara’s Development Charges Reduction Program provides a major financial incentive to encourage development and redevelopment in designated exemption areas and Brownfield sites in urban areas.
Overview
In October 2021, Regional Council approved an extension to the Smart Growth Regional Development Charges Reduction Program to Oct. 1, 2024.
The Smart Growth Regional Development Charge Reduction program provides a financial incentive to encourage development and redevelopment in Designated Exemption Areas and on brownfield sites within urban areas.
Projects meeting the program requirements are eligible for a grant resulting in a rebate of 50 per cent of Regional Development Charges. A map of the Designated Exemption Areas is available for those interested in learning more about the eligible areas.
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Incentive programs described above are subject to cancellation and/or modification at any time. Applicants should contact Niagara Economic Development and/or their local Niagara municipality to obtain the most up-to-date information on incentive programs.
Smart Growth Criteria
Niagara’s Smart Growth Design Criteria were created as a tool to help both public and private stakeholders make more sustainable development choices in an effort to create vibrant urban centres, sustain a strong economy, ensure a healthy environment and combat urban sprawl.
To be eligible under the Transition Program, the following must be completed by Oct. 1, 2024:
- A preliminary assessment must be completed with Regional staff
- The owner and Niagara Region must enter into the transition agreement
- All applicable Regional Development Charges must be paid
- A building permit must have been obtained
- Construction must have been initiated on at least one phase of the project
Save up to 50%
of development charges
Significant savings
for sustainable choices
Refund on municipal property taxes for up to 10 years
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