Brownfield Financial Incentive Program

The Township of Wilmot works with the Region of Waterloo to support the cleanup of eligible brownfield properties through a Joint Tax Increment Grant Program.

Program details

This program helps property owners recover some of the cost of cleaning up eligible brownfield sites in Wilmot. The aim is to return underutilized brownfield properties back into productive use by reducing the cost of remediation.

Benefits of the program include:

Environmental remediation
Revitalization of vacant or underutilized properties
More efficient use of existing infrastructure and services
Support for sustainable growth and development
Increased economic activity and investment
A stronger local tax base

Grant amount

The total grant paid to the property owner is based on eligible remediation costs. Payments are made after the property has been remediated, redeveloped, and reassessed.

Annual payments are made to successful applicants for up to 10 years and are calculated based on the increase in municipal taxes resulting from redevelopment.

Eligibility and application process

Step 1: Pre-consultation meeting

Attend a pre-consultation meeting with Regional and Township staff to discuss the property and determine potential eligibility.

Step 2: Application

If the property is deemed an eligible brownfield site, submit an application for the TIG program. Applications must be submitted before the first building permit is issued.

Step 3: Grant payments

Approved grants are paid through annual tax increment payments following remediation, redevelopment, and reassessment of the property,

Program duration

The program will be re-evaluated in 2031. It may be amended or discontinued at the discretion of Regional or Township Council at any time.

If you are considering applying, please contact the Regional Brownfields Coordinator to discuss your property and project.