Downtown Revitalization Tax Exemption

Downtown Revitalization Tax Exemption

The downtown revitalization tax exemption program (Bylaw No. 2937 [PDF - 1 MB]) has been established to provide Owners with an economic incentive in the form of a tax exemption to undertake the development of new improvements and to promote the revitalization of Downtown Courtenay through:

  • The development and redevelopment of buildings used for residential purposes to increase the population density in downtown Courtenay to support commercial success;
  • The development and redevelopment of commercial buildings to create a vibrant downtown that attracts new investment opportunities and supports increased residential viability;
  • To reinforce and strengthen downtown Courtenay as the commercial heart of the Comox Valley.

The follwing application form includes a detailed guide, eligiblity criteria and a list of required application submissions. Please contact Planning staff prior to submitting an applicaiton to ensure the