2025-11-25 Growth Committee Agenda Packet - Open Session
Growth Committee Meeting
Open Session
October 28, 2025
MINUTES - OPEN SESSION GROWTH COMMITTEE MEETING
OCTOBER 28, 2025 @ 12:00 P.M.
nd
2 FLOOR BOARDROOM, CITY HALL
Present: Mayor Donna Noade Reardon
Deputy Mayor John MacKenzie, Chair
Councillor Barry Ogden
Councillor Mariah Darling
Councillor Gerry Lowe
Absent: Councillor Brent Harris
Also
Present: Chief Administrative Officer B. McGovern
Commissioner Growth & Community Services A. Poffenroth
Director Community Planning & Housing P. Nalavde
Director Growth & Community Support Services D. Dobbelsteyn
Deputy City Clerk A. McLennan
Administrative Assistant K. Tibbits
1. Meeting Called to Order
Deputy Mayor MacKenzie called the Growth Committee open session meeting to order.
2. Approval of Minutes
2.1 Minutes of August 21, 2025
Moved by Mayor Noade Reardon, seconded by Councillor Darling:
RESOLVED that the minutes of August 21, 2025 be approved.
MOTION CARRIED.
3. Approval of Agenda
Moved by Mayor Noade Reardon, seconded by Councillor Darling:
RESOLVED that the agenda of October 28, 2025 be approved.
MOTION CARRIED.
4. Disclosures of Conflict of Interest
No disclosures of conflict of interest.
5. Consent Agenda (Recommendation: Receive for Information)
6. Presentations / Delegations
7. Business Matters
Growth Committee Meeting
Open Session
October 28, 2025
7.1 Appointment of Vice Chair of the Growth Standing Committee (Verbal)
Moved by Mayor Noade Reardon, seconded by Councillor Lowe:
RESOLVED that Councillor Mariah Darling be appointed Vice-Chair of the Growth Committee.
MOTION CARRIED.
7.2 Succeed and Stay Strategy Transition Plan
Moved by Councillor Ogden, seconded by Councillor Lowe:
RESOLVED that the Growth Committee:
1. Endorse the Pathways to Belonging Regional Immigration Strategy as presented by Envision
Saint John and supported by regional partners; and,
2. Transition from the Succeed and Stay Immigration Strategy to the new Pathways to belonging
Regional immigration strategy and direct staff to continue to promote and deliver on the
responsibilities of the City in the new regional strategy.
MOTION CARRIED.
7.3 East Side Community Services and Programming Evaluation Project Update
Moved by Councillor Lowe, seconded by Councillor Darling:
RESOLVED that the Growth Committee:
1. Approve the recommendations in the report presented to Growth Committee on October 28,
2025 for the East Side Review and direct the CAO to begin implementation; and
2. That the Finance Committee include the resourcing requirements for the implementation of
the recommendations of the East Side review in the 2026 operating budget, including one (1)
new permanent Community Development Coordinator and $67,000 in existing goods and
services funding to be redirected to support Neighbourhood Development implementation
on the east side.
MOTION CARRIED.
7.4 Community Grants Program and Guideline Update
Moved by Councillor Ogden, seconded by Councillor Darling:
RESOLVED that the Growth Committee:
1. Endorse the proposed changes to the Community Grants Program as presented to the Growth
Committee on October 28, 2025, and that the CAO be directed to bring an updated Community
Grants Policy that incorporates these changes to Common Council for its approval; and
2. The CAO be directed to negotiate modest service agreements with neighbourhood level small
external community centres beginning in 2026 in lieu of Community Grant program funding.
MOTION CARRIED.
8. Referrals from Common Council
9. Adjournment
Moved by Councillor Lowe, seconded by Mayor Noade Reardon:
RESOLVED that the open session meeting of the Growth Committee be adjourned.
MOTION CARRIED.
The open session meeting of the Growth Committee held on October 28, 2025, was adjourned at 12:12
p.m.
GROWTH COMMITTEEREPORT
Report DateNovember 20, 2025
Meeting DateNovember 25, 2025
Service AreaGrowth and Community
Services
Chair MacKenzie and Members of the Growth Committee
SUBJECT: Large-Scale Development Incentive Program
OPEN OR CLOSED SESSION
This matter is to be discussed in Growth Committee Open Session.
AUTHORIZATION
Primary AuthorCommissioner/Dept. HeadChief Administrative Officer
Andrew ReidAmy Poffenroth/Pankaj J. Brent McGovern
Nalavde
d
RECOMMENDATION
That Growth Committee recommend Common Council:
1.Adopt the Large-Scale Development Incentive Program, as generally
presented in Attachment 1 Development Incentive Policy; and,
2.That the City no longer accept applications under GDS-007 Urban
Development Incentive Policy as of December 15, 2025.
EXECUTIVE SUMMARY
The proposed Large-Scale Development Incentive Program is the first incentive
program proposed through the new Development Incentive Policy, which
implements the recommendations of the Incentives Review report. The Large-
Scale Incentive aims to maximize high-rise development opportunities within the
uptown and inner harbour area of the City through a clear and predictable 10-year
incentive upon project completion.
The Program is principled in financial feasibility analysis, fiscal responsibility, and
transparency and accountability. Incentives go toward eligible high-rise
Incentive funding will be financed through a portion of new revenue generated
after projects are completed. The program will be monitored and updated every
three years to ensure relevance.
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The recommendation is to adopt the Large-Scale Development Incentive Program.
Furthermore, no new applications will be accepted under the existing Urban
Development Incentive Policy. Once all existing grant agreements have expired,
staff will return to repeal Policy GDS-007 Urban Development Incentive Policy.
PREVIOUS RESOLUTION
On August 21, 2025, Growth Committee received and filed an Incentives Review
update report.
On May 13, 2025, Growth Committee:
1. Received and filed the Incentives Review Final Report and Presentation.
2. Recommended staff incorporate report findings into a new Large-Scale
Incentive Program and Policy and consider amendments to other existing grant
programs, as applicable, and return to Growth Committee.
On March 19, 2025, Common Council amended the City of Saint John Housing
Accelerator Fund Contribution Agreement with CMHC, having been awarded an
additional $918,000. The amended Agreement added a new initiative (HAF
Initiative 9) to develop an incentive program that supports higher density
development in core urban areas. The additional HAF funding is flexible and does
not necessarily need to be tied toward the implementation of the new incentive
program; however, the Agreement requires the new Incentive Program be
adopted prior to December 31, 2025.
-Explore the expansion of
incentive programs to promote infill development in the Primary Development
Area
In 2016, Common Council first adopted the Urban Development Incentive
Program. The Program has been responsible for helping incentivize many of the
challenges and to deliver on the smart growth goals of the Municipal Plan.
STRATEGIC ALIGNMENT
Common Council has established five priorities for their 2021-2026 term.
Incentives will assist the City in increasing new construction of housing stock
appropriately.
Grow:
Population Growth
- 3 -
o Grow our population at a rate of 2% annually by the end of
Cou
Belong:
Livable Neighbourhoods
o Facilitate a mix of affordable housing in all of our neighbourhoods.
REPORT
This report proposes a new Large-Scale Incentive Program based on the Saint John
Development Incentives Review findings (Attachment 2). The Program targets
high-density developments that have a minimum of 150 new residential units at
400 units/hectare and at least $40 million in total building costs. High-rise
development offers
growth goals but is not currently viable without incentives. The Incentives Review
study concluded that mid-rise development was already viable without incentives.
The Large-Scale Incentive will be the first program resulting from the
recommendations of the Incentive Review study.
Eligibility Area
The Program will target the Uptown and Inner Harbour areas of the Central
Peninsula and North End. This area contains several strategic sites which have yet
to be developed but which would possess excellent access to amenities, services,
transit, and water views. With the completion of the North End Secondary Plan
and further market analysis, further expansion of the eligibility area could be
further considered.
A 10-Year Grant
The Program emphasizes predictability and certainty with eligible projects
calculated on a per unit basis of $12,500 per unit. Top up grant amounts are
available for projects that include active ground floor retail/commercial space,
affordable housing units, or 3-bedroom units. The total grant is divided evenly
over a 10-year period. Structuring the incentive over a 10-year period will allow
lenders to recognize the subsidy as stable income for underwriting purposes,
reduce risk, and improve the chances of high-rise projects moving forward.
Review, Monitoring and Intake
The Program will be reviewed on a 3-year basis to ensure incentives remain
relevant to changing market conditions and aligned with inflation and
construction cost increases. The Program is intended to evolve and respond to the
housing needs and municipal goals but maintain a focus on the
Uptown and Inner Harbour area for a minimum 10-year time horizon. There is not
a great volume of applications anticipated due to the strict eligibility
requirements; however, projects that do proceed will be of tremendous impact.
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Grant intake will be open year-round. An overview of the Program and Grant
Approval Process is provided below.
Table 1 - Large-Scale Development Incentive
Base Grant Rate $12,500 / unit
2
Top Up Grant(s) Rate $680 / m
Active retail/commercial ground floor $5,000 / unit
Affordable Housing $2,500 / unit
3-Bedroom Unit (excl. penthouse)
Building Permit Grant Rate 100% value of the building
permit fee reimbursed
toward eligible uses*
*Eligible Building Permit Grant uses include evidenced costs associated with:
- Community benefits
- Affordable housing
- Unique site challenges, accessibility standards
Table 2 - Large-Scale Development Incentive Grant Approval Process
Application - The project must have all planning approvals in place prior
to applying for an incentive.
- A complete application is submitted containing cost
estimates, simplified pro forma, and other relevant
documentation.
- All projects must meet minimum eligibility criteria (min
$40M construction cost, 150 units, 400 units/hectare
Application - Complete applications are reviewed by Development
Review Incentive Review Committee (DIRC).
- In addition to meeting eligibility criteria, applications must
score a minimum project score of 60 points, based on
project elements such as design, accessibility, affordability,
energy efficiency, and parking provisions.
- DIRC prepares a memo to senior staff stating
recommendations and estimated incentive amount.
-5-
Application -A grant agreement is prepared for Common Council
Approval and approval.
Project -The applicant must demonstrate project financing within 1
Financing year of execution of the grant agreement.
Construction -The development must commence within 2 years of
and execution of the grant agreement and be completed within
Disbursement 6 years.
-For eligible applications, 100% reimbursement of Building
Permit Fees is provided upon successful project
completion.
st
-10-year Grant payment schedule commences August 1, 1
year following project completion.
-In any given year, the grant cannot exceed 50%of new tax
revenue generated by the development.
Figure 3 Example 150-unitProject
Base Grant150units$1,875,000
Top Up Grant
Retail/Commercial Ground Floor 500m2$340,000
Affordable Housing30units$150,000
3 Bedroom Unit 10units$25,000
$515,000
Building Permit Grant
Construction Cost Est. / Permit Fee$40,000,000$356,000
Total Grant$2,746,000
Assessment (Estimated)
Residential Assessment$ 31,875,000
Non-Residential Assessment$ 5,625,000
New Local Tax Revenue$ 645,150
Upon Project
CompletionYear 1Year 2Year 3Year 4Year 5
Base Grant$ 187,500$ 187,500$ 187,500$ 187,500$ 187,500
Top Up Grant$ 51,500$ 51,500$ 51,500$ 51,500$ 51,500
Building Permit $ 356,000
Total Grant$ 356,000$ 239,000$ 239,000$ 239,000$ 239,000$ 239,000
New Tax Revenue$ 645,150$ 645,150$ 645,150$ 645,150$ 645,150
Grant % of Revenue37%37%37%37%37%
- 6 -
Evolving the Existing Urban Development Incentive Program
The current Urban Development Incentive Program offers 5-year grants to help
incentivize new infill and revitalize vacant buildings and upper floors in the Central
Peninsula since 2016. Figure 4 below demonstrates that mid-rise apartment
building projects (e.g. 29 Lower Cove Loop, 95 Wentworth, and 7 Wellington Row),
contributed the greatest increase in new tax revenue, while keeping within a 5-
year or less payback period. The Large-Scale Incentive Program will focus only on
larger projects, ensuring incentives are not disbursed for projects that would have
proceeded anyway. The Program will not pay out more than it will collect and if a
project does not move forward, the City pays nothing. Pro Forma assumptions for
the Program are published to ensure transparency and that the Program can
continue to evolve with changing market conditions and circumstances.
Figure 4 (From Incentives Review, pg. 36)
HAF Grant Programs
Current grant programs offered through the Housing Accelerator Fund, such as
the HAF Grant, remain available, including construction challenges and vacant
building redevelopment grants. Staff continue to seek ways to improve these
- 7 -
temporary grant programs and address known housing gaps. After the expiry of
HAF funding, additional incentive programs tailored to report findings can be
explored, which may include further construction challenges, missing middle, and
vacant building redevelopment incentives.
Affordable Housing
Developing rent geared to income units adds additional cost and requires senior
government level funding. The Large-Scale Incentive Program aligns with several
of , awarding higher points for greater depth and
duration (Schedule C). Additional per unit top up funding is only provided where
projects exceed minimum CMHC affordability requirements. Projects that provide
greater depth and duration of affordable units are also eligible to receive Building
Permit Fee grant. Furthermore, applicants are not prohibited from stacking
Affordable Housing Grant Program.
New CMHC and HousingNB programs will be closely monitored to ensure the
Program remains aligned and ready to help incentivize mixed-income housing
while balancing project viability.
SERVICE AND FINANCIAL OUTCOMES
Since 2016, the City has held an annual operating budget of $180,000 toward the
Urban Development Incentive Grant Program and $40,000 toward the
Beautification Grant Program. An additional $350,000 was added in 2022 to pay
for large projects coming due, which were incentivized through the Urban
Development Incentive Grant Program. In 2025, there was an opening balance of
$1.1M in the Building Incentive Reserve and as of November 5, 2025, there is an
estimated $2.9M in remaining development incentive commitments payable over
the next 6 years.
In March 2025, the City was awarded an additional $918,000 top up to its Housing
Accelerator Fund (HAF) contribution agreement to help deliver Initiative 9 - Large-
Scale Incentive Program. HAF funds are flexible and may be used for multiple
purposes regarding creating new housing units; however, must be used by January
2, 2028. As part of the amendment to the HAF Agreement, the Large-Scale
Development Incentive Program must receive Common Council approval before
December 31, 2025.
Mitigating Risk
In adopting the new Large-Scale Incentive Program, there are no budget
implications for 2026 given the existing reserve and length of time before a
possible project would feasibly come due for payment. The Incentive Policy
proposes several guardrails on the use of the Reserve to ensure the budget is
appropriately utilized. No more than 30% of the annual operating budget for
incentives will be funded through the reserve and the reserve will maintain 50%
of average annual expenditure to cover 1-2 years in future commitments. To help
ensure enough operating budget, 60% of revenue generated by incentivized
- 8 -
developments will be allocated toward the appropriate operating budget/reserve
through the annual budgeting process.
INPUT FROM OTHER SERVICE AREAS AND STAKEHOLDERS
Name of Service Area/Stakeholder Name of Staff Person
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ATTACHMENTS
Attachment 1 Development Incentives Policy
Attachment 2 Saint John Development Incentives Review Final Report
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Large-ScaleDevelopmentIncentive
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November 25, 2025
IncentivesReview
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IncentivesReview
FinancialFeasibilityModeling
-Parcel undertook financial feasibility modelling on
townhouses, mid-rise, high-rise, and vacant buildings.
-High-risedevelopmentshave greater cost and are
possible to incentivize.
-Vacantbuildingsalso generally fall below viability
threshold.
-Townhousedevelopmentmany remaining townhouse
sites can be challenging to develop. Any increase in site
servicing/infrastructure further reduce viability.
-Mid-rise apartments are not recommended to be
incentivized as they are already viable.
-Not enough data on ownership multi-unit (condos) to
recommend incentives currently.
IncentiveReview
May 13, 2025
Growth Committee
1. Received and filed the Incentives Review report and
presentation.
2. Recommended staff incorporate report findings into a
new Large Scale Incentive Program and Policy and
consider amendments to other existing grant programs, as
applicable, and return to Growth Committee.
Large-ScaleDevelopmentIncentiveProgram
Large-ScaleDevelopmentIncentive
EligibilityRequirements
-Located within eligibility area
-Total building cost of at least $40 million.
-Minimum 150 units.
-Minimum density of 400 units/net hectare.
Large-ScaleDevelopmentIncentiveProgram
A10-YearGrantatCompletion
IncentiveCalculation
BaseGrantRate$12,500/unit
-Incentives are calculated on a per unit basis, with top
TopUpGrant(s)Rate
2
Active retail/commercial ground floor$680 / m
ups available for active ground floor commercial space,
Affordable Housing$5,000 / unit
affordable units, and 3-bedroom units.
3-Bedroom Unit (excl. penthouse)$2,500 / unit
-A Building Permit Grant reimbursement may be
BuildingPermitGrantRate100% value of
provided based on incurred eligible costs.
the building
permit fee
-Upon project completion, the total incentive is paid out
reimbursed
toward eligible
over a 10-year period.
uses*
-No incentive will pay out more than 50% of the annual
*Eligible uses include evidenced costs associated with:
-Community benefits
incremental increase in revenue generated by the
-Affordable housing
development.
-Unique site challenges, exceeding accessibility standards
Large-ScaleDevelopmentIncentiveProgram
Large-ScaleDevelopmentIncentive
-Theprojectmusthaveallplanningapprovalsinplacepriorto
Application
ApplicationProcess
applyingforanincentive.
-AcompleteapplicationissubmittedcontainingClassCdesign
developmentdrawings,andsimplifiedprojectproforma.
-Applications are reviewed by Development Incentive Review
ApplicationReview
Committee (DIRC) and must score a minimumof60points, in
addition to meeting eligibility criteria.
-DIRC prepares a memo to senior staff stating
recommendation and estimated incentive amount.
Large-ScaleDevelopmentIncentiveProgram
Large-ScaleDevelopmentIncentive
-AgrantagreementispreparedforCommonCouncilapproval.
ApplicationApproval
ApplicationProcess
andProjectFinancing
-Theapplicantmustdemonstrateprojectfinancingwithin1
yearofexecutionofthegrantagreement.
-The development must commence within 2 years of
Constructionand
execution of the grant agreement and be completed within 6
Disbursement
years.
-For eligible applications, 100% reimbursement of Building
Permit Fees is provided uponsuccessfulprojectcompletion.
st
-10-year Grant payment schedule commences August 1, 1
yearfollowingprojectcompletion.
-In any given year, the grant cannot exceed 50% of new tax
revenue generated by the development.
Large-Scale Development Incentive Program
Example Project
Base Grant150units$1,875,000
Top Up Grant
Retail/Commercial Ground Floor 500m2$340,000
Affordable Housing30units$150,000
3 Bedroom Unit 10units$25,000
$515,000
Building Permit Grant
Total Building Cost$40,000,000$356,000
Total Grant$2,746,000
Assessment (Estimated)
Residential Assessment$ 31,875,000
Non-Residential Assessment$ 5,625,000
New Local Tax Revenue$ 645,150
Large-Scale Development Incentive Program
Example Project
Upon Project
CompletionYear 1Year 2Year 3Year 4Year 5
Base Grant$ 187,500 $ 187,500 $ 187,500 $ 187,500 $ 187,500
Top Up Grant$ 51,500$ 51,500$ 51,500$ 51,500$ 51,500
Building Permit $ 356,000
Total Grant$ 356,000 $ 239,000 $ 239,000 $ 239,000 $ 239,000 $ 239,000
New Tax Revenue$ 645,150 $ 645,150 $ 645,150 $ 645,150 $ 645,150
Grant % of Revenue37%37%37%37%37%
Year 6Year 7Year 8Year 9Year 10Total
Base Grant$ 187,500 $ 187,500 $ 187,500 $ 187,500 $ 187,500 $ 1,875,000
Top Up Grant$ 51,500$ 51,500$ 51,500$ 51,500$ 51,500$ 515,000
Building Permit $ 356,000
Total Grant$ 239,000 $ 239,000 $ 239,000 $ 239,000 $ 239,000 $ 2,746,000
New Tax Revenue$ 645,150 $ 645,150 $ 645,150 $ 645,150 $ 645,150 $ 6,451,500
Grant % of Revenue37%37%37%37%37%43%
ProjectTimeline
May2025
May2024March2025MayOctDec152025
Nov252025
Large-Scale 2025Common
Presentation
Growth
RFP Awarded Finalizing LSI Council and
of Incentive
Committee
for Incentives added to HAF Program Program
Review
Presentation
ReviewAction PlanPolicyLaunch
Findings
Summary
MaximizeopportunityThe Large-Scale Program targets the largest
opportunity projects that pay maximum dividends in increased density,
new revenue, and achievement of Municipal Plan/Secondary Plan
goals. While few applications are anticipated, those that do will be
projects of tremendous impact.
ClearandpredictablegrantGrant amount is set and remains the
same over a 10-year period.
FiscalresponsibilityThe program is based on financial feasibility
analysis. No grant will be paid prior to completion. No annual grant will
be greater than 50% of new revenue generated.
TransparencyThe program will publish pro forma input assumptions
associated with the grant rate. Each application will require Common
Council approval. The program will be reviewed and updated every 3
years to ensure relevance.
Recommendation
That Growth Committee recommend Common Council:
1.Adopt the Large-Scale Development Incentive Program, as generally presented in Attachment 1
Development Incentive Policy; and,
2. Repeal GDS-007 Urban Development Incentive Policy upon the execution of all outstanding grant
agreements for eligible applications received in the 2025 calendar year.
Questions
Small City,
Big Heart.
Petite ville,
grand .
Title: Development Incentives Policy
Subject: Development Incentives Policy Category: Growth and Community Services
Policy No.: M&C Report No.:
Effective Date: Next Review Date:
Area(s) this policy applies to: Office Responsible for review of this Policy:
Community Planning and Housing, Growth and
Community Services
Related Instruments: Policy Sponsor:
GDS-010 Affordable Housing Grant Program Policy Commissioner of Growth and Community
GDS-015 Affordable Housing Soft Cost Grant Services
Policy
GC-001 Acquisition and Disposition of Municipal
Lands
Document Pages:
Policy approved by Common Council: Date
Revision History:
City Clerk's Annotation for Official Record
Date of Passage of Current document: ____________________
I certify that this Policy was adopted by Common Council resolution as indicated
immediately above.
________________ ______________
City Clerk Date
For information Contact:
TABLE OF CONTENTS
1. Policy Statement ........................................................................................................................................................ 2
2. Scope ......................................................................................................................................................................... 2
3. Legislation and Standards .......................................................................................................................................... 2
4. Definitions.................................................................................................................................................................. 3
5. Incentive Programs .................................................................................................................................................... 4
6. Monitor And Review .................................................................................................................................................. 8
7. Roles and Responsibilities ......................................................................................................................................... 8
8. Building Incentive Reserve ......................................................................................................................................... 9
9. Application Requirements ......................................................................................................................................... 9
10. Appendix .................................................................................................................................................................. 9
1
1. P OLICY S TATEMENT
1.1 The Development performance based financial incentives to
support development and revitalization of key areas of the City.
1.2 The purpose of the Policy is to establish eligibility criteria, application intake, review, approval,
disbursement, and reporting requirements. The Policy ensures that the process is open, transparent and
accountable to the public, while also allowing for incentives to change at set intervals according to market
trends and and strategic objectives.
1.3 The Policy also outlines the standards and guidelines that govern the management, accounting, and
monitoring of the Building Incentive Reserve.
2. S COPE
2.1 The Policy provides a framework to guide the following development incentives:
Large-Scale Development Incentive Program
3. L EGISLATION AND S TANDARDS
3.1 This policy aligns with and conforms to the following legislative and policy instruments:
Local Governance Act
Community Planning Act
City of Saint John Municipal Development Plan
City of Saint John Affordable Housing Action Plan
City of Saint John FAS-003 Operating and Capital Reserves Policy
City of Saint John FAS-004 Operating Budget Policy
City of Saint John FAS-020 Long-Term Financial Plan Policy
2
4. D EFINITIONS
Active Retail/Commercial Ground Floor Use: means a non-residential use located on the ground floor of a building
that is physically designed and constructed to accommodate active, publicly accessible uses that contribute to street-
level animation and pedestrian activity. Eligible spaces may include: direct at-grade access from a public street or
publicly open space, a high level of ground floor transparency (e.g. minimum 60% glazing along the public frontage),
and finished ceiling heights and servicing capacity suitable for retail, food service, medical offices, or other active
commercial uses. Office, storage, or other non-active commercial configurations are not considered eligible. No
more than 900 square metres of active retail/commercial ground floor space per development project will be
considered.
Affordable Housing Unit: There are several ways affordable housing is defined by The Canada Mortgage and Housing
Corporation (CMHC) according to the available program and target population.
For the purposes of the Large-Scale Development Incentive Program, an affordable unit means a unit that complies
with a CMHC or provincial program for a minimum 10-year period tied to new construction of affordable housing
units, and for which scores a minimum of 10 points in Schedule C, under Housing Affordability.
Applicant: An individual, organization or business that submits a completed grant Application for consideration, in
accordance with the eligibility criteria and requirements set out in this policy and any associated program guidelines.
Application: A formal request made by an eligible Applicant, including all required documentation, and supporting
materials specified in the policy.
Building Permit: As defined in By-law BC-1 - A By-law Respecting the Construction, Repair and Demolition of
Buildings and Structures in The City of Saint John.
Building Permit Estimate: The total building permit estimate as defined in By-law BC-1, including multiple phased
permits.
Construction Start Date: The date on which physical site work commences for a project, as defined by the pouring
of footings and foundation walls.
Development Incentive Review Committee: An internal municipal committee composed of representatives from
planning and housing, finance, real estate, and other relevant departments, responsible for reviewing, evaluating,
and making recommendations on development incentive applications in accordance with this policy.
Financial Viability: The demonstration of sufficient resources and management to sustain the project plan and meet
obligations without undue reliance on additional external supports.
Grant Agreement: A legal agreement entered between the applicant and the municipality that outlines the terms,
conditions, obligations, and timelines under which a development incentive grant will be administered.
Grant Payment Start Date: The date on which the first disbursement of the grant is issued to the applicant,
contingent upon compliance with the conditions outlined in the Grant Agreement.
3
Incremental Tax Increase: The difference between the local tax collected in the year of application, prior to any
development occurring, and the first year of operation, after the re-assessment of the subject property.
Non-Residential: All other property except residentially assessed property. This includes commercial, industrial,
institutional, and mixed-use spaces where the residential component does not represent the primary use.
Penthouse: A residential unit above the highest full storey of a building and set back from the primary building
façade. A penthouse typically is differentiated from the main floors through architectural design, private outdoor
terrace space, and/or a larger floor area intended for luxury.
Three-Bedroom Unit: A residential unit containing three bedrooms, but which excludes a penthouse.
Total Building Cost: The full cost to construct the building from start of construction to occupancy, including all hard
costs (materials, labour, building systems, structured parking) and all soft costs (design and engineering fees,
contingency, financing costs, developer fees, and construction management). It does not include land acquisition
costs or HST.
Total Grant: The total grant per the executed Grant Agreement the Applicant has been deemed eligible to receive,
which includes the base grant rate and any top ups per Schedule B.
5. I NCENTIVE P ROGRAMS
5.1 Large-Scale Development Incentive Program
Purpose
The purpose of the Large-Scale Incentive is to attract high-density residential development to key infill
sites within and adjacent to the urban core and inner harbour waterfront areas that align with
the Municipal Plan
The Large-Scale Incentive Program was premised on a Development Incentive Review, which
undertook financial analysis of several development prototypes in terms of their financial viability. This
review is to be updated regularly, and Program offerings are anticipated to evolve according to
changing need and market conditions.
The Large-Scale Incentive Program proposes a clear, predictable, and competitive incentive while also
balancing fiscal sustainability and protection of City interests. The value of the Large-Scale Incentive
should not exceed new revenue generated because of the development, with tax revenue being
retained to contribute toward necessary servicing and infrastructure costs. A benchmark of at least
50% of tax revenue has been chosen to be retained for needed services, infrastructure, and other
amenities.
5.1.1 Eligibility Requirements
5.1.1.1 The proposed development must be located within Schedule A Eligibility Area.
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5.1.1.2 The proposed development must have a minimum Total Building Cost of $40,000,000.
5.1.1.3 The proposed development must contain at least 150 residential units and achieve a minimum density of
400 units per net hectare.
5.1.1.4 The proposed development must comply with all City By-Laws, including the Municipal Development Plan
and Zoning By-law at the time of Application.
5.1.1.5 The Construction Start Date must not occur prior to an Application being received and accepted by the City,
except where Common Council has approved otherwise.
5.1.1.6 The proposed development must be located on a property owned by the Applicant or be under written
agreement, provided to the City and satisfactory to the City, with the owner for acquisition by the Applicant.
5.1.1.7 The Application must include:
a. A completed application form signed by an authorized signing officer.
b. Proof of planning approval (e.g. zoning approval).
c. A project description and schedule.
d. Design level drawings e.g. Class C (schematic, massing, floor plans, elevation).
e. Simplified pro forma including:
i. Total development cost,
ii. Operating assumptions,
iii. Rent assumptions.
f. Evidence of other funding or incentives if applicable (CMHC, Province).
g. Any other relevant documentation reasonably requested by the City necessary to evaluate and
score the application.
5.1.1.8 All Applications will be reviewed by the Development Incentive Review Committee in accordance with this
Policy and scored according to the Application Evaluation (Schedule C).
5.1.1.9 The Development Incentive Review Committee will deem whether an Application is complete.
5.1.1.10 All proposed developments must obtain a minimum score of 60 points to be considered eligible.
5.1.2 Grant Agreement Process
5.1.2.1 The Development Incentive Review will be forwarded to the
Financial Officer, Planning Director / Commissioner of Growth and Community Services, and
Chief Administrative Officer for review in the form of a memorandum to the Application, stating the total
funding request and status of the Building Incentive Reserve.
5.1.2.2 All Applications will be required to enter into a Grant Agreement with the City stipulating a grant payment
schedule, compliance requirements, and all conditions.
5.1.2.3 Ownership and Partnership Disclosure
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Prior to execution of the Grant Agreement, the applicant must provide documentation confirming the
a) Identification of the legal entity that will own and/or develop the project, including the full legal name,
jurisdiction of incorporation (if applicable), and registry number.
b) Identification of all partners, shareholders, members, or beneficial owners with a controlling interest
in the project (typically 20% or greater), including the percentage of ownership held by each.
c) Identification of the
agreements with the City.
d) Disclosure of any joint venture agreements, limited partnership agreements, or development
management agreements relevant to project delivery.
e) Disclosure of any changes to the ownership structure that occur after submission of the application
and up to the execution of the Grant Agreement, with the requirement that material changes must be
reported to the City within 30 days.
5.1.2.4 Before entering into the Grant Agreement, the Total Grant will be calculated in accordance with Schedule
B, with the Total Grant divided evenly over a 10-year period.
5.1.2.5 Applicants may be eligible to receive the Building Permit Fee Grant. The Building Permit Fee Grant provides
100% reimbursement of permit fees upon completion of the project toward one of the following eligible
uses:
a) Community benefit(s) negotiated at the time of rezoning or subsequent to, including public parks or
open space improvement, pedestrian or transit infrastructure, community facilities, public art, or
environmental enhancements.
b) Affordable housing provided the Applicant scores a minimum 20 points in Schedule C, Housing
Affordability.
c) Site challenges or accessibility considerations as identified in Schedule C which are extraordinary to
those identified in Schedule E - Pro Forma Input Assumptions.
5.1.2.6 Prior to disbursement, applicants must provide proof of incurrence of such costs related to eligible Building
Permit Fee Grant uses to the satisfaction of the City.
5.1.2.7 The Building Permit Fee Grant is disbursed upon completion of the project in accordance with the approved
building permit.
5.1.2.8 No Grant Agreement will be entered into with an Applicant unless:
a) The Applicant has the legal capacity and authority to undertake the proposed development and accept
the grant.
b) The Applicant is not bankrupt, insolvent, or under creditor protection.
c) There are no pending or ongoing legal proceedings that could affect the proposed development.
5.1.2.9 All Grant Agreements must be approved by Common Council.
6
5.1.2.10 Within 12 months of Common Council approval, the applicant must provide documentation demonstrating
that the project is financially viable and able to proceed, including:
a) Confirmed lender term sheet or equivalent financing commitment letter signed by a recognized
financial institution or CMHC-approved lender; and, if not already included,
b)
following:
i. Third-party cost consultant estimate;
ii. Contractor estimate or Guaranteed Maximum Price (GMP) contract; or
iii. CMHC underwriting documentation.
Failure to submit these items results in expiry of the conditional approval.
5.1.2.11 Any development that has received financial assistance under GDS 007 Urban Development Incentives
Policy Program shall have the value of such assistance deducted from the final grant amount awarded under
this policy, to prevent duplication of grant benefits.
5.1.3 Disbursement Requirements
5.1.3.1 The Construction Start Date for the proposed development must occur within two years of the execution
of the Grant Agreement, otherwise the Application will expire and be null and void.
5.1.3.2 The development must be completed and the Building Permit fulfilled within six years of the executed Grant
Agreement, otherwise the Application will expire and be null and void.
st
5.1.3.3 The first disbursement will commence August 1, one year following project completion, with any future
disbursements occurring on the anniversary date.
5.1.3.4 In any given year, excluding the year in which the Building Permit Grant is paid, the Total Grant shall not
exceed 50% of the Incremental Tax Increase generated by the development. Where such cases occur, the
City reserves the right to amend the agreement and reduce the grant payment accordingly.
5.1.3.5 Prior to the first disbursement, the Applicant must provide written confirmation and/or applicable
documentation to the satisfaction of the City that:
a) There have been no material changes to plans submitted in the Application that would affect the
Minimum Eligibility Requirements set out in Section 5.1.1, or calculation of the Total Grant per 5.1.2.5.
If any changes have occurred, the City reserves the right to cancel or amend the Grant Agreement
accordingly.
b) The development was completed in compliance with all City By-laws and terms and conditions of the
Building Permit, with the Applicant being in receipt of an Occupancy Permit or a Certificate of
Successful Completion pursuant to By-law BC-1.
c) All applicable building and development fees have been fully paid by the Applicant.
5.1.3.6 Prior to any disbursement, the Applicant must provide written confirmation and/or applicable
documentation to the City that:
7
a) All water and sewer charges have been fully paid.
b) All property taxes have been paid. For the purposes of verifying 5.1.3.4, the Applicant must provide
current year Notice of Assessment for the property and proof of payment in the form of a receipt or
tax certificate.
c) The proposed development is in good standing with all the terms and conditions set out by other
funders of the project.
d) The Applicant is not bankrupt, insolvent, or under creditor protection.
e) There are no pending or ongoing legal proceedings.
f) The Applicant is confirmed to be the current owner of the property as determined by Certificates of
Registered Ownership (CRO).
g) Rent rolls confirming the maintenance of any affordable housing units.
h) Any applicable community benefit(s) have been provided in accordance with Section 5.1.3.5.
5.1.3.7 Should a community Benefit(s) not be provided within two years of the completion of the project, per the
Grant Agreement or another agreement between the City and Applicant, the City reserves the right to
amend the Agreement and reduce future payments to recoup a portion or all of the Building Permit Fee
Grant.
5.1.3.8 Should any Affordable Housing Unit not be maintained over the 10-year grant period, the City reserves the
right to amend the Agreement and reduce future payments to recoup a portion of the Total Grant, including
the Building Permit Fee Grant or any applicable top up grants.
5.1.3.9 Disbursement of grant funds will be made based on availability of sufficient resources in the Building
mechanism set out in the Policy.
6. M ONITOR A ND R EVIEW
6.1 Large-Scale Development Incentive Program
The Large-Scale Development Incentive Program will be reviewed at regular three-year intervals and
adjusted in accordance with changes in construction cost indices and inflation. Market conditions will also
be monitored by further financial feasibility analysis to ensure the incentive funding remains relevant to
changing market trends, meets the goals of this policy, and continues to align with City plans and by-laws.
7. R OLES AND R ESPONSIBILITIES
7.1 Common Council is responsible for approving all Incentive Programs.
7.2 Common Council is responsible for approval of all Large-Scale Incentive Program Applications.
7.2 Growth Committee is responsible for receiving annual updates on incentive programs and reviewing and
making recommendations on any new programs.
7.3 The Development Incentive Review Committee is responsible for evaluating all Large-Scale Incentive
Program applications in accordance with respective policy and scoring all applications.
8
8. B UILDING I NCENTIVE R ESERVE
8.1 The Building Incentive Reserve is situated within the Growth Reserve. The purpose of the Building Incentive
Reserve is to ensure sufficient resources to fund future incentive commitments anticipated to exceed current
annual operating budget.
8.2 No more than 30% of the annual operating budget for development incentives shall be funded through the
Building Incentive Reserve.
8.3 The Building Incentive Reserve will maintain 50% of average annual expenditure and contain enough funds to
cover 1-2 years in future commitments.
8.4 New revenue generated by incentivized projects under the Large-Scale Incentive Program will be monitored
over the full 10-year period, with at least 60% of new revenue added to the appropriate operating budget or
reserve through the budgetary approval process.
9. A PPLICATION R EQUIREMENTS
9.1 Applications shall be made by completing the appropriate program application form.
9.2 Legal names of the property owner(s) are required, including any directors of a corporation. Appropriate
authorization of the application is required according to the ownership structure.
9.3 All costs associated with the preparation of the application are the responsibility of the applicant. The City will
not pay any costs incurred by the applicant in the preparation and submission of an application under this policy,
or any costs incurred in relation to the execution and delivery of a Grant Agreement.
10. A PPENDIX
10.1 Large-Scale Development Incentive Program
Schedule A Eligibility Area
Schedule B Grant Rates
Schedule C Application Evaluation
Schedule D Application Form
Schedule E Pro Forma Input Assumptions
9
Schedule B - Grant Rates
Base Grant Rate
Maximum Per Unit Grant Amount$12,500
Top Up Grant Rates
per square metre of eligible Retail/Commercial Ground Floor Use up to a
Retail/Commercial Ground Floor $680 maximum of 900 square metres (See Section 4).
Affordable Housing$5,000 per each eligible affordable unit (See Section 4).
3 Bedroom Unit $2,500 per each 3-bedroom unit, excluding penthouse units (See Section 4).
Building Permit Grant Rate
of the value of the building permit fee paid by the developer toward eligible
Building Permit Fee 100%uses (See Section 5.1.3.5).
Example Payment Schedule and Assessment
Base Grant 150units$1,875,000
Top Up Grant
Retail/Commercial Ground Floor 500m2$340,000
Affordable Housing30units$150,000
3 Bedroom Unit 10units$25,000
$515,000
Building Permit Grant
Construction Cost Est.$40,000,000$356,000
Total Grant$2,746,000
Assessment (Estimated)
Residential Assessment$ 31,875,000
Non-Residential Assessment$ 5,625,000
New Local Tax Revenue$ 645,150
Payoff Period4.26
Upon Project
Completion
Year 1Year 2Year 3Year 4Year 5
Base Grant$ 187,500$ 187,500$ 187,500$ 187,500$ 187,500
Top Up Grant$ 51,500$ 51,500$ 51,500$ 51,500$ 51,500
Building Permit Grant
$ 356,000
Total Grant$ 356,000$ 239,000$ 239,000$ 239,000$ 239,000$ 239,000
New Tax Revenue$ 645,150$ 645,150$ 645,150$ 645,150$ 645,150
Grant % of Revenue37%37%37%37%37%
Year 6Year 7Year 8Year 9Year 10Total
Base Grant$ 187,500$ 187,500$ 187,500$ 187,500$ 187,500$ 1,875,000
Top Up Grant$ 51,500$ 51,500$ 51,500$ 51,500$ 51,500$ 515,000
Building Permit Grant
$ 356,000
Total Grant$ 239,000$ 239,000$ 239,000$ 239,000$ 239,000$ 2,746,000
New Tax Revenue$ 645,150$ 645,150$ 645,150$ 645,150$ 645,150$ 6,451,500
Grant % of Revenue37%37%37%37%37%43%
Schedule C Application Evaluation
PropertyUsesDesignHeritageAccessibility
Majority of Exceeds Urban Design
Majority of Development
development Design and positively Scores 20 pts per Scores 30 pts per
development includes an
located on a Public Realm impacts the CMHC MLI CMHC MLI Select
involved the active
previously Guidelines of city scape and Select Standard Standard as
demolition of a retail/commer
vacant lot or the Municipal/existing as demonstrated demonstrated by
non-residential cial ground
surface parking Secondary heritage by the applicant.the applicant
use.floor use.
lot.Plan.assets.
3020151510515
Housing Affordability
units at max. units at max.
units are below
median total the Median
median renter Median Market
income all renter income renter income Market Rent for
income for at Rent for at least Market Rent for at
families for at for at least 10 for at least 10 at least 20
least 10 years.20 years.least 20 years.
least 10 years.years.years.years.
551015202530
Site Challenges Energy Efficiency
Development Development Development
will enhance will undertake proposes
climate change necessary unique Achieving
Achieving Achieving NECB Achieving NECB
adaptation remediation solutions to NECB 2020 +
NECB 2020
(e.g. raised (soil, hazardous construction
base materials access
elevation).abatement).constraints.
201010061215
Parking
required required required required
parking required parking parking parking parking required parking
provided as provided as provided as provided as provided as provided as Additional bicycle
structured structured structured structured structured structured parking or other
parking.parking.parking.parking.parking.parking.TDM Strategy.
10202530354015
LARGE-SCALE DEVELOPMENT INCENTIVE PROGRAM
SCHEDULE D -APPLICATION FORM
CITY OF SAINT JOHN
1.0 APPLICANT INFORMATION
Applicant Name:
Email Address:
Phone:
Mailing Address:
Postal Code:
Preferred Method of Contact: Email Phone
Are you the legal owner of the property? Yes No Please indicate the legal contact information below
Owner:
Mailing Address:
Postal Code:
2.0 TO BE COMPLETED BY PROPERTY OWNER
Are you currently in good standing with the City of Saint John, meaning you have no unpaid taxes, water/sewage
fees, or outstanding property-related by-law violations? Yes No
printed name signature DD/MM/YYYY
3.0 PROJECT DESCRIPTION
Civic Address:
Property ID (PID):
Number of Units:
Total Building Cost: ___________________________________________
1
LARGE-SCALE DEVELOPMENT INCENTIVE PROGRAM
SCHEDULE D -APPLICATION FORM
CITY OF SAINT JOHN
Briefly describe your project and provide details including details related to design, accessibility, housing affordability, site
challenges, energy efficiency, and parking. This information will be used to score your application per Schedule B. You may
attach additional pages to this application form.
________________________________________
___________________________________________________________________________________________________
___________________________________________________________________________________________________
___________________________________________________________________________________________________
___________________________________________________________________________________________________
___________________________________________________________________________________________________
___________________________________________________________________________________________________
Grants applied for:
Base Grant - $12,500 per unit
Top up Grants
22
Active Retail/Commercial Ground Floor Use - $690 per m (up to a maximum of 900 m).
Affordable Housing $5,000 per eligible affordable housing unit
3-bedroom unit - $2,500 per eligible 3-bedroom unit
4.0 SIGNATURES
I hereby request that this application be considered under the Large-Scale Incentive Program of the Growth & Community
Services Department of The City of Saint John.
By signing below, I certify that all information included on this application form is truthful and accurate.
printed name signature
DD/MM/YY
GeneralCollection Statement
This information is being collected in order for the City of Saint John to deliver an existing program/service; the collection is limited to that which is necessary to deliver the
program/service. Unless required to do so by law, the City of Saint John will not share your personal information, including pro forma information, with any third party
without your express consent.
The legal authority for collecting this information is to be found in the Municipalities Act and the Right to Information and Protection of Privacy Act.
For further information or questions regarding the collection of personal information, please contact the Access & Privacy Officer.
City Hall
15 Market Square
Saint John, NB E2L 1E8
commonclerk@saintjohn.ca (506) 658-2862
2
LARGE-SCALE DEVELOPMENT INCENTIVE PROGRAM
SCHEDULE D -APPLICATION FORM
CITY OF SAINT JOHN
ATTACHMENTS
Please be sure to include the following attachments to your application:
Proof of planning approval
Project schedule
Design level drawings (schematic, massing, floor plans, elevation) i.e. minimum Class C Drawings
Pro forma including total development cost, operating assumptions, and rent assumptions
Evidence of other funding or incentives if applicable (CMHC, Province)
3
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