Grants Available for Heritage Buildings
There are currently several grant programs for owners of heritage-designated buildings in, Victoria.
Houses (administered by the Victoria Heritage Foundation)
The House Grants Program of the Victoria Heritage Foundation (VHF) promotes the preservation of heritage-designated residences in Victoria by assisting their owners with the costs of restoration and repair of their buildings.
Each year, the VHF receives funds from, the City of Victoria and allocates them to homeowner applicants. Owners are restricted to one application per fiscal year per property, but a grant application may contain more than one project. If a grant is approved, the work must be completed within the year.
The House Grants Program may cover a portion of project costs, subject to VHF priorities and the availability of funds.
Commercial or institutional buildings (administered by the Victoria Civic Heritage Trust)
The Building Incentive Program (BIP) provides financial assistance to owners of commercial or institutional heritage designated buildings to assist with facade restoration; structural improvements, upgrading required by building codes, and other rehabilitation costs. Grants may cover up to 50% of the cost of eligible heritage work, up to a maximum of $50,000 per project.
Grants are subject to the availability of funds and the number of applicants. For further information and a copy of the Building Incentive Program brochure, contact the Victoria Civic Heritage Trust at 250-727-8482 or firstname.lastname@example.org.
Tax Incentive Program for Heritage Buildings
Tax exemptions up to 10-years are available for Heritage Designated commercial, industrial, and institutional properties city-wide. For further information, contact the City of Victoria's Development Services at 250-361-0382 or email@example.com.