Downtown London is proud to provide new and existing tenants with access to a combination of loans and grant programs to encourage investment in our neighbourhood. All properties located within the downtown boundary may be eligible for a façade grant and a tenant improvement loan, subject to availability and to meeting program criteria. In addition, there are three different suites of incentives available for specific areas of the downtown.

AboutFace Façade Improvement Grant

This program provides grant funding for downtown owners to enhance and beautify street level visibility by improving their building façades.

Eligible Areas: All Properties Located Within the Downtown Boundary

Downtown Tenant Improvement Loan Program

This loan program assists qualifying downtown businesses and/or property owners interested in improving their interior features/functions for use by a creative, innovative, new, relocating or expanding business that will attract new customers into the core. Qualifying business owners may be eligible for an interest-free loan to complete tenant improvements with approval from the property owner.

Eligible Areas: All Properties Located Within the Downtown Boundary

Façade Improvement Loan Program

This loan program assists Downtown property owners interested in improving their building façades, including eligible non-street front façades. Qualifying property owners may be eligible for a ten-year, interest-free loan up to a maximum of $50,000 or half the value of the façade improvements being proposed, whichever is less. If deemed a forgivable loan in the Targeted Incentive Zone, the grant portion of the loan is the lesser of $12,500 or 25% of the loan repayments.

Eligible Areas: Richmond Row Corridor, Community Improvement Plan Area, Targeted Incentive Zone

Upgrade to Building Code Loan

This loan program assists Downtown property owners with interior improvements that relate to Fire and Building Code requirements. Qualifying property owners may be eligible for a ten-year, interest-free loan up to a maximum of $200,000, or half the value of the work being proposed, whichever is less. If deemed a forgivable loan in the Targeted Incentive Zone, the grant portion of the loan is the lesser of $25,000 or 12.5% of the loan repayments.

Eligible Areas: Richmond Row Corridor, Community Improvement Plan Area, Targeted Incentive Zone

Rehabilitation Tax Grant Program

This grant program provides an economic incentive for the rehabilitation and/or redevelopment of commercial and residential buildings in the core. If your property taxes increase as a result of a rehabilitation and/or redevelopment project, the City will grant back a portion of that tax increase every year, for ten years.

Eligible Areas: Community Improvement Plan Area, Targeted Incentive Zone

Combined Residential Development Charge & Tax Grant Program

This grant program assists Downtown property owners interested in developing residential units. The grant covers 100% of the residential development charges and a portion of the municipal tax increase. Grant amount is based upon the value of net residential development charges paid to the City at the time of application, and the increase in the municipal portion of property taxes directly related to the eligible project.

Eligible Areas: Community Improvement Plan Area, Targeted Incentive Zone


To view our Downtown boundary map for areas of incentive, grant and loan eligibility, click below.


For more information on grant, loan and incentive programs, please contact:

Kathy McLaughlin

519.432.9816

kathy@downtownlondon.ca