Open
Last Update: May 28, 2026
Funding available
Varies by project
Timeline
- Open Date : December 10, 2024
Location
Cold Lake, Alberta, Canada
Overview
This program supports the development of new Starter Homes in Cold Lake through rebates for builders and purchasers. Builders may receive a rebate for municipal building and development permit costs, and purchasers may receive annual property tax rebates for up to three years.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Enhance an existing program
- Renovate or expand facilities
- Renovate or adapt facilities
Eligible Funding
- Varies by project
Timeline
- Open Date : December 10, 2024
Eligible candidates
Eligible Industries
- Construction
Location
- Cold Lake
- Alberta
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- New construction of Starter Homes
Documents Needed
- Project description showing how the proposal meets program criteria
- Approved Development Permit and/or Building Permit
- Certified copy of title for the property
- Letter from the title holder, if required
- For purchaser applications: builder agreement contract number, principal residence attestation, and proof of purchase value
Eligibility
Who is eligible?
- Builders of new Starter Homes
- Purchasers of new Starter Homes
Who is not eligible
- Companies, businesses, or corporations applying for the purchaser rebate
Eligible expenses
- Municipal building permit costs
- Municipal development permit costs
- Municipal property taxes for up to three years for eligible purchasers
Ineligible Costs and Activities
- Provincial property taxes, including education property tax and seniors' property tax
- Other taxes, fees, or fines levied by other levels of government or financial institutions
- Projects that already received funding from another municipal, provincial, or federal grant or incentive program, unless a written exception was granted
- Starter Home purchaser incentives for companies, businesses, or corporations
Eligible geographic areas
- Cold Lake, Alberta
- R1A, R1B, R2, and R3 districts
Processing and Agreement
- Applicants must meet with the Manager of Economic Development before applying.
- Administration reviews the application and makes a recommendation to Council.
- Council approves or denies the application, and its decision is final.
- If approved, the applicant signs a Starter Home Incentive Agreement with the City.
- For builder incentives, payment is made after occupancy is approved and proof is received.
Additional information
- Applications are reviewed on a first-come, first-served basis.
- Council approval is final.
- A Starter Home Incentive Agreement must be signed after approval.
Contacts
Frequently Asked Questions about the Starter Home Incentive Program Program
Here are answers to the most common questions about the Starter Home 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 Starter Home Incentive Program?
This program supports the development of new Starter Homes in Cold Lake through rebates for builders and purchasers. Builders may receive a rebate for municipal building and development permit costs, and purchasers may receive annual property tax rebates for up to three years.
Who is eligible for the Starter Home Incentive Program program?
To be eligible for the Starter Home Incentive Program program, you must:
New Starter Home construction
Located in eligible Cold Lake districts
Meets program value limits
Who can I contact for more information about the Starter Home Incentive Program?
You can contact City of Cold Lake by email at none or by phone at none.
Where is the Starter Home Incentive Program available?
The Starter Home Incentive Program program is available the province of Alberta.
Is the Starter Home Incentive Program a grant, loan, or tax credit?
Starter Home Incentive Program is a Grant and Funding
Who are the financial supporters of the Starter Home Incentive Program?
Starter Home Incentive Program is funded by City of Cold Lake