Explore Westlock's Growth Incentives
A home in Westlock is more than a place to live, it's a place where you can nurture your dreams. With generous incentives for new homeowners, rental suite developments, and prime lots coming soon, Westlock is the perfect place to start your next chapter.
The New Home Incentive
Build your dream home in Westlock with a $15,000 grant per unit, available for up to four units per parcel. This offer is designed to help you lay down roots in a community that values your vision and supports your growth.
Additionally, you can benefit from a one-time tax cancellation of up to $5,000 per unit for the year following the occupancy of your new home. To facilitate your building process, pre-approved plans are now available for licensing with a one-time fee.
The 2025 application window opens March 1, 2025 for new home grants. Funding is limited, is awarded on a first-come-first-service basis, and will be available annually. Download the application form to prepare for your application. Contact Planning & Development for assistance in preparing your application and questions regarding the application process.
New Home Grant Application Package
Residential Development Incentive Program Brochure
The Rental Suite Incentive
Expand your property with our $10,000 grant for new basement, garage, or garden suites, with one suite allowed per property. Pre-approved construction plans are now available for licensing for garage and garden suites, ensuring a smooth and efficient building process.
The 2025 application window opens March 1, 2025 for rental suite grants. Funding is limited, is awarded on a first-come-first-service basis, and will be available annually. Download the application form to prepare for your application. Contact Planning & Development for assistance in preparing your application and questions regarding the application process.
Suite Grant Application Package
Rental Suite Incentive Program Brochure
The Southview Subdivision - Available Now
Explore the opportunity to develop in the Southview neighbourhood, where 18 single-family lots are now available for purchase. These lots, approximately 55 feet wide and 124 to 132 feet deep, offer an ideal location within walking distance of the hospital, parks, amenities, community garden, and a K-12 school.
Offers for purchase on the lots are now being accepted. Lot pricing and more is available here.
Contractor purchase and build agreements are available for builders.
Builder Registry
Looking to connect with a builder for your development project in Westlock? Browse our Builder Registry here.
Are you a builder or contractor that wants to connect with homebuyers? Join our Builder Registry by contacting Planning & Development today.
Why Choose Westlock?
Westlock stands out as a prime location for new development thanks to its strategic advantages and supportive community. The town offers a unique blend of low vacancy rates and limited lot inventory, which creates a high demand for new housing projects. Coupled with a strong rental market and the availability of generous local, provincial, and federal incentives, Westlock provides a cost-effective and appealing environment for homeowners and developers alike. So, why should you choose Westlock?
- Low vacancy rates and limited lot inventory make Westlock an attractive option for new developments. The existing housing inventory is aging, and the rental market is strong, making Suites a great affordable option.
- Local incentives can be stacked with provincial and federal incentives, such as the $10,000 tax refund for first-time homebuyers. Although backdating for work already completed is not allowed, you can still be eligible for grants if your inspections haven't been completed.
- Building prices in Westlock are comparable to urban centers, making it a cost-effective choice.
- All lots will be serviced and ready for development, and non-permitted suites can be brought up to code with available incentives.
Learn more about our housing incentives:
Planning & Development
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