CIP is a reimbursement program. The applicant will be reimbursed for up to 50% of the final project expense within the category funding limit.
Qualifying businesses need to fall within the Community Improvement Area boundaries and projects will be considered within the following categories:
Study/Predevelopment Incentives
Building/Property Improvement Incentives (construction)
Tax Increment/Development Charge Incentives
Full details of categories and the funding available for each potential project can be found on the application.