Community Life and Investment in The Record

Community Life and Investment

The full non-profit support package

The adopted framework values leases, grants, exemptions and facility subsidies at about $2.87 million, down 9.2% from its 2024 baseline. Its $700,000 grant allowance is the policy ceiling, not the higher transition-year approvals shown above.

2024 baseline and 2026 adopted / millions of dollars ยท Annual support ($ millions)

2024 baseline

$3.16M
Below-market leases
$1,552,000
Grants
$931,000
Tax exemptions
$668,000
Facility subsidies
$11,000

2026 adopted

$2.87M
Below-market leases
$1,552,000
Grants
$700,000
Tax exemptions
$603,000
Facility subsidies
$15,000

Both totals use the same $0 to $3.4M scale. The 2026 column is the adopted framework, not actual spending.

Sources & methods

This combines cash grants with benefits such as reduced rent and tax exemptions. The lease value comes from a September 2024 appraisal, not an annual cheque. It is a policy comparison, not a total of 2026 spending.

Support typeBelow-market leasesGrantsTax exemptionsFacility subsidies
2024 baseline$1.55M$0.93M$0.67M$0.01M
2026 adopted$1.55M$0.70M$0.60M$0.01M

What should be measured next: Separate cash from non-cash help, say what the public received and update the property values on a regular schedule.