Development Incentive

 

The City of Edmonton’s Development Incentive Program is a grant program that gives property owners funds to develop, redevelop and/or convert their properties for:

  • Multi-unit residential development - $7,000 for each new residential unit
  • Multi-unit residential and commercial development - $12,000 for each new residential unit
  • Interior improvements for new retail and commercial businesses - up to 50% of construction costs for interior improvements to a maximum of $15,000
  • New retail and commercial development - 5% of the total construction value of a new retail and commercial use building to a maximum of $40,000


Funding is on a first-come, first-served basis.  Property owners must meet the program requirements to be eligible.

For more information on the Development Incentive Program visit www.edmonton.ca/DevelopmentIncentiveProgram or contact: Iris Li, Development Incentive Program Manager at 780-495-0977 / iris.li@edmonton.ca