COMMUNITY IMPROVEMENT PLAN REVIEW Public Information Session December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services |
Agenda 1. Background 4. Region of Niagara 2. Current programs 5. Questions/Feedback 3. Proposed Amendments December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services |
Background – Review March 2019 • Council directed staff to pause the current program and undertake a comprehensive review. • program relevance • priority and eligibility criteria • alignment with strategic plan objectives and Official Plan • long term sustainability • maximizing value December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services |
Background – Current Programs Grant Programs Residential/Office Conversion Program (ROC) Façade Improvement Program (FIP) December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
WELLAND CANAL GLENDALE AVE CUSHMAN RD WELLAND CANALS PARKWAY QUEENSTON ST Garden City Skway R D T I N G B U N WELLAND AVE EASTCHESTER AVE MERRITT ST HARTZEL RD D R OAKDALE AVE S ' D I V A CARLTON ST D GRANTHAM AVE T S LINWELL RD T S NIAGARA ST T T O T C N E S V I S GLENRIDGE AVE GENEVA ST PROPOSED ADDED FIP AREAS - LAKE ST D R PELHAM ONTARIO ST ONTARIO ST TWELVE MILE CREEK EXISTING FIP AREA - MARTINDALE RD FIRST ST LOUTH ST.PAUL ST. WEST MAIN ST THIRD ST LOUTH THIRD ST LOUTH T FOURTH AVE S E W D R E R O H S E K A L
Background – Current Programs Tax Incentive Programs Tax Increment Finance Program (TIF) • 45% rebate of tax increment Brownfield Tax Increment Finance Program (BTIF) • 80% rebate of tax increment Brownfield Tax Assistance Program (BTA) • 100% tax rebate for up to 3 years during remediation December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
Proposed Amendments – Residential/Office Conversion Program (ROC) 2015CIP Proposed Amended CIP • • Conversion, reuse of underutilized vacant floor Proposed elimination of program due to low uptake and difficulty in space for new dwelling units / office space defining “vacant” space. December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
Proposed Amendments – Façade Improvement Program (FIP) 2015CIP Proposed Amended CIP • • Only properties located in the downtown core Expansion of eligible areas to include: Port Dalhousie, Facer Street, and a portion of St. Paul St. West and Merritton downtown, portions of Ontario Street and portions of Lake Queenston St. are eligible. Street. • • Two facades per property are eligible. No limit on number of facades per property. • • No additional funding for heritage elements Additional $5000 to be added to the grant for Heritage restoration for designated/listed heritage properties. • • Landscaping features not eligible Hard landscaping added as an eligible cost. • Updated submission/eligibility requirements to simplify process. December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
Proposed Amendments – Tax Increment Finance Program 2015CIP Proposed Amended CIP • • Simplified scoring criteria used for ranking Detailed scoring criteria, focus on affordable housing (rental), • Main focus on redevelopment and remediation. remediation, heritage, mixed use and investment. • Better addreses merits of each application. • Establishes minimum points threshold for approval. • • No minimum remediation value to qualify for 80% Minimum remediation value of $100,000 or %10 for project cost. rebate. • • Remediation defined only as removal of Expanded to capture other methods of remediation such as Risk concentration of contaminants in soil Assessment. • • No retroactivity of eligible costs allowed Retroactivity for remediation costs will be permitted for brownfield projects for a maximum of 7 years. December 12 th 2019 | Planning and Building Services | Economic Development and Tourism Services | ST. CATHARINES STRATEGIC PLAN SUSTAINABILITY
POINTS SYSTEM Evaluation Components Pts. Eligibility ________________ In Downtown Priority Area 1. 10 a) Redevelopment b) Remediation - remediation costs must be a minimum $100,000 or 1% of total project costs, whichever is greater, 2 i) less than 3% of total project costs devoted to to be eligible for a BTIF incentive remediation 5 ii) 3% to 5% of total project costs devoted to remediation 10 iii) greater than 5% of total project costs devoted to remediation c) Core Housing 2 i) 10% to 20% of total units are affordable 6 ii) 21% to 30% of units are affordable 8 iii) Greater than 30% of units are affordable ___________________________________________________________________________________________
d) Heritage Restoration/Conservation - heritage restoration/conservation costs must be a minimum $50,000, or 2.5% of total project costs, whichever is greater, to be eligible to receive any pts. 2 i) less than 3% of total project costs devoted to heritage restoration/conservation ii) 3% to 5% of total project costs devoted to 5 heritage restoration/conservation 8 iii) greater than 5% of total project costs devoted to heritage restoration/conservation ____________________________________________________________________________________________ e) Mixed Use Component 5 - must have minimum 90% ground floor for commercial or non-residential use glfa, and a minimum of 80% glfa of upper floors for residential use f) Density Generation (people & jobs/Ha) 1 i) < 50 3 ii) 51 - 100 5 iii) 101- 150 151 - 200 9 iv) 11 v) 201 - 300 13 vi) 301 - 400 15 vii) 401 - 500 19 501 – 1000 viii) > 1000 20 ix) ___________________________________________________________________________________________
g) Investment 1. Project Costs (in $millions) 1 i) < 2 2 ii) 2 - 5 3 iii) 5 - 10 5 iv) 10 - 15 7 v) 15 - 20 9 vi) 20 - 25 11 vii) 25 - 30 > 30 13 viii) 2. Estimated % Increase in Annual Tax 2 i) 25% - 500% 4 ii) 501% - 1000% 7 iii) 1001% -1500% 1501% – 2000% 10 iv) 13 v) 2001% - 3000% 16 vi) > 3000% __________________________________________________________________________________________ h) Value Added i) public area/ streetscape contribution 6 - street furniture/fixtures, public court yard/walkway, enhanced landscaping/greening, transit amenities, connectivity, etc ii ) sustainable site design 4 - innovative green technologies/stormwater management; green roofs; solar panels, electric vehicle charging stations, permeable pavement, etc.
MAXIMUM POINTS AVAILABLE = 100 MINIMUM POINTS THRESHOLD TO BE ELIGIBLE FOR APPROAVAL = 50 _________________________________________________________________________________________________ Outside Downtown Priority Area 2. a) Redevelopment - if for residential use, must be a minimum 10 units 5 i) outside a Priority Neighbourhood or an Intensification Corridor 10 ii) within a Priority Neighbourhood or an Intensification Corridor ___________________________________________________________________________________________ b) Remediation - remediation costs must be a minimum $100,000 or 1% of total project costs, whichever is greater, 2 i) less than 3% of total project costs devoted to to be eligible for a BTIF incentive remediation 5 ii) 3% to 5% of total project costs devoted to remediation 10 iii) greater than 5% of total project costs devoted to remediation
c) Core Housing 1. Housing Component 5 i) 10% to 20% of total units are affordable 11 ii) 21% to 30% of units are affordable 13 iii) Greater than 30% of units are affordable 2. Location Component a) Outside Priority Neighbourhood, where: i) located within an Intensification Corridor; OR ii) on or close to an Arterial Road 2 with full transit access and within 800 metres to a defined Commercial Centre; OR iii) within a defined Commercial Centre 4 b) Within a Priority Neighbourhood c) Within a Priority Neighbourhood where 6 also located within an Intensification Area
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