Brownfield Remediation Tax Assistance (BRTA)

About this program

Cancels all or a portion of municipal property tax increases resulting from the remediation and redevelopment of contaminated sites for employment-generating uses, helping property owners offset remediation costs.

What this program funds

The City of Toronto administers the Brownfield Remediation Tax Assistance program, which provides tax credits to offset municipal property tax increases resulting from remediation and redevelopment of contaminated properties. The program is open to businesses and property owners undertaking remediation projects in Toronto.

The program cancels all or a portion of the municipal property tax increase that occurs when a contaminated property is remediated and redeveloped for employment-generating uses. Tax assistance is provided for up to two to three years to help property owners manage eligible remediation costs.

Applications are accepted on a rolling basis with no set deadline.

Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.