Exciting Opportunities for Okotoks Homeowners: Secondary Suite and Accessory Dwelling Unit Grant Program
Estimated reading time: 5 minutes
Key Takeaways
- Up to $10,000 available for building new secondary suites and $5,000 for renovations.
- Grants cover essential expenses such as permit fees, professional plans, construction labour, and materials.
- The program is available on a
first-come, first-served
basis with funding subject to availability. - This initiative promotes safer, compliant, and more flexible housing options in Okotoks.
Table of contents
Great news for homeowners in Okotoks! Starting January 9, 2023, residents can apply for the Secondary Suite and Accessory Dwelling Unit Grant Program. This initiative is designed to provide valuable financial support while enhancing property value and contributing to more diverse community housing options.
This program offers homeowners a financial boost: up to $10,000 to help build a new secondary suite or accessory dwelling unit, and up to $5,000 for those renovating an existing suite to meet updated safety codes.
The funding can significantly alleviate the financial burdens associated with creating or upgrading living spaces.
Eligible expenses include but are not limited to:
- Development permit fees
- Building permit fees
- Costs for professional plans or drawings required for permits
- Construction or labour costs for work completed under an approved permit
- Supplies and materials needed for the project
Applications are processed on a first-come, first-served basis. Homeowners are advised to review the program requirements carefully and submit their applications without delay.
Enhancing your home and community has never been easier or more rewarding. Take this opportunity to create a safe, comfortable, and compliant secondary suite that not only increases your property’s value but also offers a flexible living option in Okotoks.
Frequently Asked Questions
Q1: Who is eligible to apply for this grant?
A: The program is available for homeowners in Okotoks looking to build new secondary suites or upgrade existing ones.
Q2: How much funding can I receive?
A: Homeowners may receive up to $10,000 for new builds and up to $5,000 for renovations that bring current suites up to safety standards.
Q3: What expenses does the grant cover?
A: Grant funds can be used for permit fees, professional plans, construction costs, labour, supplies, and materials, among other project-related expenses.
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