Business Facade Improvement Program 2015

January 04, 2015

The Northern Development Initiative Trust (NDIT), Business Façade Improvement program provides annual grant funding for municipalities and regional districts located within the Cariboo-Chilcotin/Lillooet region. Total annual funding of $20,000 is available to each municipality and regional district to enhance economic development by encouraging private sector investment in businesses façade improvements. 

In 2014 the District of Lillooet successfully received six applications and distributed $20,000 of NDIT Business Facade Improvement Funding to all six local businesses.

Features and benefits of the program
• Enhanced economic viability and vibrancy of northern and central B.C. communities by supporting visual improvements such as facades, signage, murals, architectural features, siding, lighting and awnings.
• Private sector investment in local business improvement.
• Increased assessed values and tax base as a result of improved properties.
• Attractiveness of community to enhance community pride as well as tourism experience.
• Improved community appearance to support recruitment of new businesses and/or residents.

The Program 
• The DISTRICT OF LILLOOET will provide a maximum of 50% reimbursement from the NDIT funding program up to a maximum of up to $5,000 per building/ project to improve the facades of commercial buildings. 
• Each building/business is eligible for a one time grant only. 
• Projects must have a minimum total cost of $1,000

Eligible Properties 
All Main Street Commercial properties starting at the 100 block and Community Gateway properties (as described in the OCP Map page 112), are eligible.

Timeline
The District of Lillooet is in the process of applying for this NDIT funding for Lillooet Businesses and hopes to have it approved by January 15, 2015. The District is accepting applications as of January 15, 2015. Grants will be awarded on a first come first served basis, and evaluated on ranked criteria (as per the application document) by a Project Review Committee consisting of: one council member, one staff member and one Chamber of Commerce member.
Information packages are now available on the District of Lillooet Website: lillooetbc.ca