Development Incentives By-law No. 5097 Guide
If you are ready to apply, please click here to access the paper Application Form and the online Application Portal
Development of Vacant Property Abatement |
The Development of Vacant Property Abatement is available for new residential, commercial or mixed-use development that is constructed on a property within the Downtown Zone that has been vacant for more than 5 years. The incentive is a five-year declining tax abatement. |
Industrial Relocation Abatement |
The Industrial Relocation Abatement encourages the relocation of commercial and industrial uses from specific zones throughout the City to the Engle Business District. Sender Land – includes Old Airport Road (CS – Commercial Service Zone); Old Town (OT – Old Town Mix Zone), and Kam Lake (KL – Kam Lake Zone) Receiver Land – Engle Business District (IG – Industrial General Zone). Applicants must move existing structures to the Receiver Land or elsewhere in the city. The incentive is a seven-year declining tax abatement. Applicants may be eligible to an additional incentive depending on whether the abatement is applied to the Sender Land or Receiver Land. |
Environmental Impact Study (EIS) Grant |
The Environmental Impact Study (EIS) Grant supports environmental site assessments for property remediation in the Downtown Zone. Properties can apply for one or both of the following options:
A property can receive up to $20,000 if both options are applied for. |
Missing Middle Price Grant |
The Missing Middle Price Grant reduces the purchase price of City land by up to 25% when the buyer agrees to develop townhouses or multi-unit dwellings with a minimum of 5 dwelling units. This grant applies to properties in the Residential Central and Residential Intensification Zones. Developments must meet the Missing Middle Housing criteria by being low-rise or mid-rise buildings that fit the character of their neighbourhood. |
Intensification Servicing Grant |
The Intensification Servicing Grant helps upgrade municipal sewer and water connections for a secondary dwelling being constructed within the primary residence or in a separate structure on the same property. This grant covers up to 50% of the cost of service upgrades, with a maximum of $25,000. |
Development Permit and Building Permit Fee Grant (only for residential development) |
This grant is for new residential developments that have gotten approval of any of the previous incentives. Non-residential developments will not qualify for this grant. 100% of the Development Permit application fees will be re-imbursed, and 100% of the Building Permit application fee will be re-imbursed up to a maximum of $10,000. |