Four downtown Orillia businesses received grants on Dec. 13 as a part of the the City of Orillia’s Downtown Tomorrow Community Improvement Plan (DTCIP) Grant Program.
“The Downtown Tomorrow Grant Program is helping businesses in the city’s core make improvements to their properties that they may not have otherwise been able to afford,” said Mayor Steve Clarke in a statement from the city. “So far seven projects that received an improvement grant are complete and we’re beginning to see the positive impact these projects have on the look and feel of the downtown.”
The four grants totalling $45,825 were part of the third 2018 intake of the DTCIP Grant Program, which is now in its second year of operation. The grants aim to stimulate development in Orillia’s core through projects like facade improvements and new residential properties that can attract more people to live and work in downtown Orillia.
“I am very excited to see Orillia coming forward to help small entrepreneurs,” said Mike Radonicich, grant recipient and owner of property at 58 Albert St. S., in the statement. “This assistance from the DTCIP program will enable me to rehabilitate an underutilized property in the downtown to help revitalize the city’s core.”
Radonicich received $32,000 to develop a vacant piece of property and create four new residential units. Another recipient at 62 Peter St. N. got $3,000 to install a barrier-free access ramp, similar to the recipient at 14 Peter St. S., who was given $3,325 to upgrade to a barrier-free accessible door. The final recipient at 131 Atherley Rd. received $7,500 to upgrade their storefront and replace the signage.
“Most applicants who have received a DTCIP grant have commented that it has allowed them to complete larger scale projects and complete them earlier than expected with the help of the financial boost,” said Laura Thompson, Manager of Real Estate and Commercial Development, in the statement. “We will be continuing the grant program in 2019 and encourage those who are considering projects for the New Year to contact us to get the application process started.”
Applications will be available in January 2019 and the first intake deadline is set for the end of February. For more information on the DTCIP Grant Program, contact the City of Orillia Economic Development Office at 705-325-4900 or click here.