Open
Source verified September 23, 2026
Building Incentive Programs (Multiple Programs)
Financial support for housing and development projects in Cold Lake
Latest source updateLast Update: September 23, 2026Latest change: The Incentive Programs page now includes newly published BRAIP terms, including rebate details and the annual acceptance window.View change
Latest source update
Last Update: September 23, 2026
Latest change: The Incentive Programs page now includes newly published BRAIP terms, including rebate details and the annual acceptance window.
Incentive Programs Updated
The Incentive Programs source now publishes BRAIP terms that were previously not visible in the tracked context. It states that eligible projects may receive 100% of the difference between the pre- and post-construction municipal tax levied on the property, paid over three years, or a one-time rebate equal to 10% for projects that are primarily cosmetic in nature. The same source also says BRAIP applications are processed all year and are accepted until December 31 each active program year.
Funding available
$ 150,000
Deadline
Open continuously
Location
Cold Lake, Alberta, Canada
Overview
The program supports housing and community development projects in Cold Lake with rebates, reimbursements, and fixed grants. Eligible initiatives include starter homes, multiunit rental housing, secondary suites, child care spaces, residential demolition, vacant lot sales, and selected business property improvements.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new program or service
- Increase social or community impact
- Enhance an existing program
Eligible Funding
- Maximum amount : 150,000 $
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Cold Lake
- Alberta
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 1
Activities funded
- Construction of starter homes
- Development of multiunit rental housing
- Creation or legalization of secondary suites
- Creation of new child care spaces
- Commercial building improvements, new construction, or demolition
Documents Needed
- Completed program application form
- Certified copy of property title
- Approved development and building permits, where required
- Project description or supporting project details
- Supporting proof for project value or funding, where required
Official resources
Eligibility
Who is eligible?
- Property owners
- Builders and developers
- Commercial property owners
- Businesses and organizations creating child care spaces
Who is not eligible
- Starter Home purchasers who are companies, businesses, or corporations
- Family Day Homes and Family Day Home agencies
- Public bodies such as school divisions
- Public or non-profit post-secondary institutions
Eligible expenses
- Permit costs and municipal permit fees
- Demolition costs, including asbestos abatement
- Capital costs for new construction or renovation, where applicable
Ineligible Costs and Activities
- Provincial property taxes and education property tax under the Starter Home program
- Property taxes, fees, and fines charged by other levels of government or financial institutions under the Starter Home program
- Projects that already received funding from another municipal, provincial, or federal program, where stated in the policy
- Secondary suites, condominiums, and tax-arrears properties are excluded in specific programs, where applicable
Eligible geographic areas
- City of Cold Lake, Alberta
Selection criteria
- Conformity with program eligibility rules
- Administration recommendation to Council
- First-come, first-served intake for some programs
- Project readiness and required permits, where applicable
How to apply
- Prior to applying, schedule a meeting with the relevant City manager or department to review the application.
- Complete the application form and include the required supporting information and documents.
- Submit completed applications to the designated City contact or through the relevant program application form.
Processing and Agreement
- Applications are reviewed by City administration first.
- City Council makes the final approval or refusal decision.
- Approved applicants must sign a program-specific agreement with the City.
- Funding is paid after project completion and required proof is received.
- Some programs are processed first-come, first-served until funding is exhausted.
Additional information
- Applications are reviewed on a first-come, first-served basis.
- Funding is limited and subject to program availability.
- Applicants may need to enter into a funding agreement with the City of Cold Lake.
- Successful applicants may be required to report after project completion.
Contacts
Frequently Asked Questions about the Building Incentive Programs (Multiple Programs) Program
What is the Building Incentive Programs (Multiple Programs)?
The program supports housing and community development projects in Cold Lake with rebates, reimbursements, and fixed grants. Eligible initiatives include starter homes, multiunit rental housing, secondary suites, child care spaces, residential demolition, vacant lot sales, and selected business property improvements.
How much funding can be received?
Building Incentive Programs (Multiple Programs) Funds up to 100% of admissible expenses, capped at $150,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Building Incentive Programs (Multiple Programs) program?
To be eligible for the Building Incentive Programs (Multiple Programs) program, you must:
Located in Cold Lake
Required permits in place
Meets program-specific rules
What expenses are eligible under Building Incentive Programs (Multiple Programs)?
Construction of starter homes
Development of multiunit rental housing
Creation or legalization of secondary suites
Creation of new child care spaces
Commercial building improvements, new construction, or demolition
Who can I contact for more information about the Building Incentive Programs (Multiple Programs)?
You can contact City of Cold Lake by email at incentives@coldlake.com or by phone at 780-594-4494.
Where is the Building Incentive Programs (Multiple Programs) available?
The Building Incentive Programs (Multiple Programs) program is available the province of Alberta.