Renovation

renovation - commercial bulding

You have a project to improve the look of your building? We can help you renovate your commercial façade!

Reno-Façade Program: attractive commercial streets

The Renovation Assistance Program aims to incite the owners and tenants of commercial buildings to renovate their façade. It is a non-refundable contribution towards the cost of all the professional fees associated to a renovation project.

Projects can benefit from:

  • A non-refundable contribution (covering 80% of eligible costs) to pay professional fees associated to a renovation project, up to a maximum of $500
  • A low-interest loan of up to $400,000
Réno-façade

Examples of eligible professional fees

  • Plan
  • Design sketch
  • Soil survey report

Who can benefit from it?

  • The owners of a commercial building
  • The tenants of a commercial building
  • Businesses located on a main or commercial street or having commercial status
  • All types of businesses except multiple unit residential buildings and businesses likely to offer shows, products and services that are sexually explicit or operating on sex

Type of work that is eligible

  • Renovation of the building’s façade
  • Exterior siding
  • Signage, lighting
  • Storefront layout
  • Parking and terrace
  • Landscaping.

Eligibility requirements

  • The building must be compliant with the regulations in effect relative to its use
  • The renovations must improve the building’s appearance and match the sector
  • Exterior renovations must comply with the zoning regulations and the AIIP[1] in place

The Program’s main objectives are:

  • To foster the development of the economic activity through the renovation of the commercial buildings’ façade
  • To financially support the owners and tenants of commercial buildings in the renovation and enhancement of their building
  • To foster the revitalization and embellishment of commercial streets

Financial Assistance Program

  • Funding of up to $150,000
  • No file analysis and management fee
  • 12-month moratorium on capital refund
  • No guarantee for loans of $30,000 or less
  • Amortization period of 15 years maximum
  • Loan eligible to prepayment
  • Preferential interest rate (prime + 2%)

Investment policy

Any funding application for a renovation project must be duly subjected to a financial analysis and must match the criteria of the investment policy of the SADC Papineau.

 

1 “The Architectural Implementation and Integration Plan (AIIP) is a complementary tool for the evaluation of real property projects of the municipality. Indeed, beyond the technical standards dictated by construction or subdivision regulations, and through aesthetic criteria, the AIIP lets us ensure the preservation of the character of the built environment as well as the respect of the original architectural typologies. In essence, the AIIP aims to preserve the specific style of the buildings throughout the enhancement of the territory. Thus, any construction or renovation project submitted to the municipality is assessed upon its optimum integration to the environment. The issuance of its permit depends on it.” [translation] (source: City of Mont-Royal).

Jean-Denis Deschênes

Jean-Denis Deschênes
Financial Analyst
819 986-1747 ext. 202
jddeschenes@sadcpapineau.ca

Réno-façade
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