Closed
Property Tax Reduction Development Incentive Program
Property tax relief for new development
Last Update: April 21, 2026
Funding available
Up to 75% of project cost
Timeline
- Receipt of requests is now closed
Location
Alberta
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
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
- Retail trade
- Real estate and rental and leasing
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
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
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.
Contacts
Frequently Asked Questions about the Property Tax Reduction Development Incentive Program Program
Here are answers to the most common questions about the Property Tax Reduction Development 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 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.
Who can I contact for more information about the Property Tax Reduction Development Incentive Program?
You can contact Village of Beiseker by email at none or by phone at none.
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