Enhanced heritage protection considered for Galt
CAMBRIDGE — New heritage protections may soon be coming to property owners in downtown Galt.
In April, Cambridge council asked city staff to come up with ways the city can help heritage property owners preserve and renovate their properties.
The city’s planning and development committee approved, subject to budget deliberations, an increase in heritage grants at a meeting on Tuesday. The city has been giving out $30,000 in heritage grants annually since 2004 to help property owners restore heritage buildings.
If approved in budget deliberations for 2018, that amount will rise to $50,000 per year. That means the maximum individual grant will increase to $10,000 per property from $5,000.
The committee also approved changes to the city’s building revitalization program. Staff suggested giving new owners of buildings with river frontages access full available funding regardless of whether the property has received funding before.
The program is an interestfree loan that matches up to $20,000 in funds required to restore building frontages in the city’s core areas.