An independent registry of Northern Ontario funding Data updated Aug 17, 2026 · CC-BY-4.0
Northern Ontario Grants
Open while funds last

Sault Ste. Marie Housing CIP, Tax Increment Equivalent Grant

by City of Sault Ste. Marie

Also known as: SSM Housing TIEG

For residential projects of 5+ new units in Sault Ste. Marie, the Housing CIP's TIEG hands back the municipal portion of your post-construction property-tax increase as an annual grant. The rebate percentage and duration scale with your share of affordable units, running 3 to 19 years, a published example gives a 9-unit building with 1 affordable unit 100% rebates for 4 years tapering to 25% by year 7. Detailed rate tables are in the city's application documents.

Amount
Annual grant reimbursing the municipal portion of the property-tax increase from residential development of 5+ units. Rebate value and term scale with the percentage of affordable units, 3 to 19 years. Published example (1 affordable unit of 9): 100% rebate years 1-4, then 75% (yr 5), 50% (yr 6), 25% (yr 7).

saultstemarie.ca · Last verified Aug 17, 2026 · Reported, verification pending

Instrument
Grant (non-repayable)
Status
Open while funds last allocations can run out before the window closes; confirm before applying
Who qualifies
Developer, property owner, nonprofit
  • Residential developments of 5 or more new units
  • Higher percentage of affordable units earns a larger rebate over a longer term
  • Affordable units must remain affordable for 20 years under city agreement

saultstemarie.ca · Last verified Aug 17, 2026 · Auto-checked against official source

Application process

Call first. This funder expects contact with a program officer before you apply.

  1. Pre-consultation with city housing staff
  2. Application (downloadable rate schedule accompanies the form)
  3. Affordability agreement
  4. Annual grant paid against the municipal tax increment after completion

saultstemarie.ca · Last verified Aug 17, 2026 · Auto-checked against official source

Common questions

What project size qualifies?

5 or more new residential units. Projects of 1-4 units use the Per Door Grant instead.

How long does the rebate last?

3 to 19 years depending on the percentage of affordable units, more affordability, longer and richer rebate. The exact tier table is in the city's downloadable program documents.

What counts as affordable?

Rents at or below the provincial Affordable Residential Units bulletin benchmarks for the city, held for 20 years under an agreement with the City.

Apply

Apply on the funder’s site and confirm current terms there:

saultstemarie.ca