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Rebates, Grants and Incentives

City accepting applications for development incentives and grants

Jul 29, 2021 | 12:16 PM

The City of Grande Prairie is now accepting applications for the Development Incentives and Grants (DIG) program in an effort to boost the economy by supporting investments that will have long-term benefits to the community.

The DIG program consists of five grants, three meant for industrial and commercial projects, and the other two geared towards residential construction.

The Industrial and Commercial Incentives consist of:

  • The New Business Development Grant: A 10-year Tax-Increment Rebate for new industrial or commercial business development. The construction value of the project must be over $25,000,000 in order to qualify.
  • The Business Retention and Expansion Grant: A four-year Tax-Increment Rebate for improvements to existing building or property to increase the assessed value by a minimum of 25 per cent, with a minium of $1,000,000 construction value.
  • The Business Revitalization Grant: A grant matching 50 per cent, or up to a maximum of $25,000, for demolition or property and/or building improvements. Those improvements can include painting; siding; large-scale landscaping; installing/repairing access ramps; and installing lighting that improves aesthetics, access and/or safety.

The Residential Construction Incentives consist of:

  • The Residential Infill Grant: Offering residential builders a $15,000 grant per lot within the Residential Infill Area.
  • The Municipal Fee Rebate: A rebate on all municipal fees up to a maximum of $10,00 for permits within Engineering, Inspection and Planning.

Applications must be submitted before the work begins, and interested parties are encouraged to speak with the City’s Program Coordinator before submitting an application. Inquiries can be made by emailing businessincentives@cityofgp.com.

The DIG program is primarily self-funded through a rebate program and does not impact the City’s budget.