Closed
Source verified April 21, 2026
Property Tax Reduction Development Incentive Program
Property tax relief for new development
Funding available
Up to 75% of project cost
Deadline
Open continuously
Location
Alberta, Canada
Overview
This program provides property tax reductions for eligible new development in the Village of Beiseker. It supports new residential, commercial, and industrial construction, with reductions available for the municipal portion of property taxes only.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Start a business
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Up to 75% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- 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
- Construction of new residential dwellings.
- Construction of new commercial buildings for a business.
- Construction of new industrial buildings for a business.
- Development on vacant land or replacement of an existing building or dwelling.
Documents Needed
- Completed property tax development incentive application
- Full title of the property showing ownership and registered liens
- Completed building and trade permits
- Any other documentation requested by the Village
Official resources
Eligibility
Who is eligible?
- Property owners in the Village of Beiseker.
- Authorized agents acting for property owners.
- Owners of new residential, commercial, or industrial development properties.
Who is not eligible
- Businesses receiving grants in lieu.
- Owners of linear properties.
- Owners of machinery and equipment only.
- Projects limited to expansions, renovations, or additional buildings.
Ineligible Costs and Activities
- Additional buildings, expansions, and renovations.
- Linear properties and machinery and equipment.
- Businesses receiving grants in lieu.
- Non-municipal tax portions, including provincial requisitions and school-related charges.
Eligible geographic areas
- Village of Beiseker, Alberta
Selection criteria
- Application completeness and required supporting materials.
- Completion of construction and verification by the Village Assessor.
- Full payment of municipal taxes and related amounts.
- Compliance with bylaw conditions and municipal requirements.
How to apply
- Step 1: Discuss eligibility
- Meet with the CAO before applying.
- Confirm that the project meets program requirements.
- Step 2: Prepare the application
- Complete the application form.
- Gather required permits and supporting documents.
- Confirm construction completion by November 30 of the application year.
- Step 3: Submit to the Municipality
- Send the application to the CAO of the Village of Beiseker.
- Submit before November 30 of the year construction is completed.
- Step 4: Receive the decision
- Wait for a written decision from the Municipality.
- If needed, review any refusal reasons and appeal within 30 days.
Processing and Agreement
- The CAO reviews completed applications submitted to the Municipality.
- The Village may request additional information before approval.
- A written decision is issued within 30 days, unless a delay is needed.
- If refused or cancelled, the applicant receives written reasons.
Additional information
- The incentive applies only to the municipal portion of property taxes.
- The program runs for developments completed between January 2025 and December 31, 2030.
- The incentive may be transferred to a new property owner before the program expiry date.
- Appeals must be submitted within 30 days of a refusal or cancellation.
Frequently Asked Questions about the Property Tax Reduction Development Incentive Program Program
What is the Property Tax Reduction Development Incentive Program?
This program provides property tax reductions for eligible new development in the Village of Beiseker. It supports new residential, commercial, and industrial construction, with reductions available for the municipal portion of property taxes only.
How much funding can be received?
Property Tax Reduction Development Incentive Program Funds up to 75% of admissible expenses.
Who is eligible for the Property Tax Reduction Development Incentive Program program?
To be eligible for the Property Tax Reduction Development Incentive Program program, you must:
New residential, commercial, or industrial development.
Construction completed before November 30.
Property taxes fully paid.
What expenses are eligible under Property Tax Reduction Development Incentive Program?
Construction of new residential dwellings.
Construction of new commercial buildings for a business.
Construction of new industrial buildings for a business.
Development on vacant land or replacement of an existing building or dwelling.
Where is the Property Tax Reduction Development Incentive Program available?
The Property Tax Reduction Development Incentive Program program is available the province of Alberta.
Is the Property Tax Reduction Development Incentive Program a grant, loan, or tax credit?
Property Tax Reduction Development Incentive Program is a Tax Credits
Who are the financial supporters of the Property Tax Reduction Development Incentive Program?
Property Tax Reduction Development Incentive Program is funded by Village of Beiseker