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: October 11, 2026Latest change: The Multiunit Rental Housing Incentive Program Policy now spells out eligible districts, exclusions, rental-retention rules, and an application period through 2027.View change
Latest source update
Last Update: October 11, 2026
Latest change: The Multiunit Rental Housing Incentive Program Policy now spells out eligible districts, exclusions, rental-retention rules, and an application period through 2027.
Cold Lake housing incentive policy revised
The Multiunit Rental Housing Incentive Program Policy now identifies the eligible districts and dwelling types, and it adds exclusions for secondary suites, registered condominium projects, tax-arrears properties, and projects that receive other grant funding. The policy also adds new program conditions, including a five-year rental commitment from occupancy, repayment if that commitment is broken, and a 24-month limit to complete the project after application. The revised policy states that applications will be accepted through 2027 and requires a pre-application meeting, application details, and a reimbursement grant agreement after approval.
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 application form
- Property title or certified copy of title for the property
- Latest property tax assessment
- Development permit and/or building permit
- Supporting documents such as a bill of sale, builder contract, photographs, legal description, proof of abatement, permit service report, or disclosure of other funding received, where required
Official resources
Eligibility
Who is eligible?
- Registered property owners
- Builders of approved Starter Home projects
- Commercial property owners and business owners
- Organizations that own the project property or hold a long-term lease for a child care project
Who is not eligible
- Starter Home purchasers who are companies, businesses, or corporations
- Family Day Homes, Family Day Home agencies, and applicants with an outstanding, unresolved or repetitive non-compliance history under the Early Learning and Child Care Act or the Early Learning and Child Care Regulation
- Public bodies such as School Divisions, public or non-profit post-secondary institutions, home based businesses, government offices and agencies, and organizations exempt from paying property taxes to the City
Eligible expenses
- The municipal cost of building and development permits associated with a Starter Home project
- Costs of the demolition process, including hazardous material abatement and disposal of demolition materials
- Capital costs associated with new construction or renovation of existing space to create new, licenced Child Care Spaces
- Costs of eligible internal or external enhancements, including landscaping, paving, sidewalks, and patios
- Costs of installing new water and sewer service connections to residential properties where existing connections are unfit to be reused
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
- Schedule the required pre-application meeting with the relevant City manager or department where applicable.
- Complete the program application form and include the required supporting information and documents.
- Submit the completed application 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.