The Downtown Development Incentive Program (DDIP) is set to return for 2019. The Business Support Office will begin taking applications on Monday, March 25 at 9 a.m. These grants are available to qualified properties located in the Downtown Area Redevelopment Plan only (see map). A cap of $50,000 remains as the total for which any one civic address can qualify. The 2019 DDIP offers $200,000 in total funding availability and will be allocated on a first come first serve basis. Grant disbursement will end when the budgeted funds are fully subscribed. To review details and/or download an application form, visit www.medicinehat.ca/DDIP  Property owners interested in arranging a time to discuss the programs and how to get started can call the Land and Business Support Office at 403.529.8148 or e-mail business@medicinehat.ca

The DDIP continues to offer downtown property owners a series of incentives to assist them to redevelop or initiate new developments in the city centre and includes five options for financial assistance:

• Commercial Development - Access up to $25,000 towards major renovations or new construction of a commercial building.
• Multifamily Development - Access up to $25,000 towards redevelopment or new construction on a multi-family project consisting of 4 or more residential units with units a minimum size of 74 square metres (800 SF).
• Live/Work Residential Development - Access up to $5,000 to develop a residential living space with minimum unit size of 93 square metres (1000 SF) connected to their commercial building.
• Architectural/Visual Enhancements - Access up to $5,000 for facade and exterior building improvements.
• Environmental Site Assessment and Remedial/Risk Management - Access up to $20,000 to assist in the costs of environmental site assessments and completion of a remedial or risk management plan.