CIP Matching Loan Program

What is a CIP?

A Community Improvement Plan (CIP) is a tool that allows municipalities to provide tax assistance, grants or loans to assist in the rehabilitation of lands and/or buildings within the defined Community Improvement Project Area and subject to the requirements of the respective Community Improvement Plan. Normally, financial incentives are paid out upon successful completion of the project.

Program Details and Value:

The program will provide financing to cover eligible costs required for a broad range of physical, structural, and aesthetic improvements to existing commercial, industrial, mixed-use, and office buildings/properties, as determined by WWCF.

If approved to receive financial incentives from a member municipality, the applicant will automatically be approved to receive funding to put towards matching and/or upfront costs related to the approved grant, up to $20,000 per project and/or property.

How Can WWCF Help?

It is often the case that a property owner wishes to improve his/her building but simply does not have the cash flow to cover the required upfront or matching funds of a Community Improvement Plan. This results in lack of uptake of the program and a property which remains in a poor state. To remedy this, Wellington-Waterloo Community Futures has committed to providing low interest (3%) funding and support.

What are the Terms of the loan?

  • Proof of Municipal CIP approval
  • Business Loans up to $20,000
  • 3% Interest Rate, 1 to 5-year Term
  • Simple Application Process
  • Flexible Repayment Terms
  • Personal Guarantee Required

How Do I Apply?

It’s Easy! Download and fill out the WWCF Matching Loan Application (below) and email to

Call 519-846-9839 for any additional assistance.

Simple Loan Process

Areas Served: Aberfoyle, Alma, Arkell, Ariss, Ayr, Baden, Belwood, Bloomingdale, Brisbane, Breslau, Conestogo, Drayton, Eden Mills, Elmira, Elora, Ennotville, Erin, Everton, Fergus, Floradale, Glen Allen, Hawkesville, Heidelberg, Hillsburgh, Inverhaugh, Linwood, Mannheim, Marden, Maryhill, Moorefield, Morriston, New Hamburg, North Dumfries, Orton, Ospringe, Petersburg, Philipsburg, Ponsonby, Rockwood, Rothsay, Salem, St. Agatha, St. Clements, St. Jacobs, Teviotdale, Wallenstein, Wellesley, West Montrose, Wilmot and Winterbourne, Ontario Canada