Closed
Multiunit Rental Housing Incentive Program
Reimbursement support for new rental housing
Last Update: May 28, 2026
Funding available
$ 10,000
Timeline
- Open Date : March 26, 2024
- Closing date : March 26, 2026
Location
Cold Lake, Alberta, Canada
Overview
This program offers a reimbursement grant of $10,000 per new rental dwelling unit for eligible multiunit housing projects in the City of Cold Lake. It supports new construction that creates at least four rental units and meets the program’s permit and occupancy requirements.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase social or community impact
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Maximum amount : 10,000 $
Timeline
- Open Date : March 26, 2024
- Closing date : March 26, 2026
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
Location
- Cold Lake
- Alberta
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- New construction of multiunit rental housing.
- Development of projects that create four or more rental dwelling units.
Documents Needed
- Project description
- Number of rental dwelling units to be created and funding requested
- Approved Development Permit and/or Building Permit
- Certified copy of title for the property
Eligibility
Who is eligible?
- Property owners.
- Developers of new multiunit rental housing projects.
Who is not eligible
- Owners of projects with secondary suites only.
- Projects with a registered condominium plan.
- Applicants whose properties are in tax arrears with the City of Cold Lake.
- Projects already funded by another municipal, provincial, or federal grant program.
Ineligible Costs and Activities
- Secondary suites.
- Projects with a registered condominium plan.
- Projects that already received funding from another municipal, provincial, or federal grant program.
Eligible geographic areas
- City of Cold Lake
- R3, R4, RMX, Cl, and LC districts
Processing and Agreement
- Applicant meets with the Manager of Land Use Planning, Development & Regulatory Services before applying.
- Administration reviews the application and makes a recommendation to Council.
- Council approves or denies the application.
- If approved, the applicant signs a Reimbursement Grant Agreement with the City.
- Funding is disbursed after occupancy approval and proof of compliance.
Additional information
- Applications are reviewed on a first-come, first-served basis.
- A Reimbursement Grant Agreement must be signed after approval.
- The agreement is registered on the property title by caveat.
- The program is subject to Council review and renewal.
Contacts
Frequently Asked Questions about the Multiunit Rental Housing Incentive Program Program
Here are answers to the most common questions about the Multiunit Rental Housing Incentive Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Multiunit Rental Housing Incentive Program?
This program offers a reimbursement grant of $10,000 per new rental dwelling unit for eligible multiunit housing projects in the City of Cold Lake. It supports new construction that creates at least four rental units and meets the program’s permit and occupancy requirements.
How much funding can be received?
Multiunit Rental Housing Incentive Program Funds up to $10,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was March 26, 2026.
Who is eligible for the Multiunit Rental Housing Incentive Program program?
To be eligible for the Multiunit Rental Housing Incentive Program program, you must:
New construction with 4+ rental units
Eligible land use district
Must remain rental property
What expenses are eligible under Multiunit Rental Housing Incentive Program?
New construction of multiunit rental housing.
Development of projects that create four or more rental dwelling units.
Who can I contact for more information about the Multiunit Rental Housing Incentive Program?
You can contact City of Cold Lake by email at none or by phone at none.
Where is the Multiunit Rental Housing Incentive Program available?
The Multiunit Rental Housing Incentive Program program is available the province of Alberta.