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Lake of Bay launches grant and loan programs
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Lake of Bay launches grant and loan programs

Posted: 2024-07-04 13:33:23 By: thebay

Lake of Bays Township launched its Community Improvement Plan private sector incentive program today, aimed at revitalizing properties in Baysville, Dorset, Dwight, and Hillside. The program encourages reinvestment to enhance public spaces and community vitality.

Approved by Council, the plan focuses on attracting tourism, business investment, economic development, and affordable housing.

Project Grants of up to 50% of eligible costs, with grants reaching $5,000, and loans of up to $10,000 are available.

The municipality says these incentives support business expansion, beautification projects, housing development, and new tourism activities.

To learn more, visit lakeofbays.on.ca/CIP.