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Applications for the Housing Infill and Redevelopment Incentive Program now open
Community
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November 12, 2024 4:24 PM

Applications for the Housing Infill and Redevelopment Incentive Program now open

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The fourth intake of the Housing Infill and Redevelopment Incentive program opened on Wednesday, Nov. 6, 2024, at 8 a.m. and will close on Wednesday, Nov. 20, 2024, at 5 p.m.

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Applications for the Housing Infill and Redevelopment Incentive Program now open
November 12, 2024
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Medicine Hat – The fourth intake of the Housing Infill and Redevelopment Incentive program opened on Wednesday, Nov. 6, 2024, at 8 a.m. and will close on Wednesday, Nov. 20, 2024, at 5 p.m. 
The Housing Infill and Redevelopment Incentive Program (HIRIP) aims to provide more multi-family housing options, diversify the housing market, and enhance the value of the City's urban areas.
This incentive targets areas where the City has invested in the necessary infrastructure to support housing development, such as utility connections and road access.
The Housing Infill and Redevelopment Incentive provides financial assistance to developers and property owners to encourage the development and construction on infill properties. Owners of an infill property can apply and may be eligible for an incentive of $15,000 per dwelling unit for new residential development on a single site and $7,500 for the development of a backyard suite. 
From a developer's perspective, infill and redevelopment projects often come with additional costs and challenges, making incentives like HIRIP crucial for urban redevelopment. The program provides financial assistance to developers and property owners to encourage the rapid development and construction of infill and redevelopment properties.
Development incentives provide financial assistance to help spur growth, expansion and innovation in our community. Please note: Applying does not guarantee approval. Funding is subject to the remaining funds available under this Incentive Program at the time of application. 
Learn more and apply here: Medicine Hat Economic Development - Incentives - City of Medicine Hat. 

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