Province Provides Grant to Cobourg for Downtown

Lou Rinaldi, MPP for Northumberland Quinte-West today announced that the Province will be “investing”  $40 million over three years in the Main Street Enhancement Fund.  Of this, $26M will be provided in 2018 for the Main Street Revitalization Initiative with $380,000 going to Lou’s Riding. Cobourg’s share is $52,509 while Port Hope gets $50,234 and Hamilton gets $45,312 (more detail in links below). These numbers are maximum amounts – no detail was provided on exactly what the conditions are for disbursement – presumably there will need to be a demonstration that the money was spent on relevant projects.  At the announcement, Mayor Gil Brocanier said that new initiatives on downtown vitalization will be coming.  Currently, work on downtown vitalization is… Read complete articleProvince Provides Grant to Cobourg for Downtown