City Council will consider amendments to the Housing Incentives Policy on January 29, 2025. Information about the updated policy and applications will be posted following the meeting.
Applications for housing incentives will be accepted following budget deliberations in March.
- Applications for affordable housing incentives and rental acquisition & repair incentives must be submitted no later than April 30, 2025, to be considered in the first round of funding in May. Applications received between May 1 and July 31 will be considered in August.
- Applications for market housing, secondary and backyard suites, and pre-development grants may be submitted at any time following budget deliberations.
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Incentives for New Affordable Housing
Per unit capital grants and a five-year, 100% tax exemption are available for new affordable rental and ownership housing citywide, with priority given to developments in the City Centre, North Central and Heritage neighbourhoods (the yellow and orange areas on the interactive map below). Affordable rental units must be rented at or below the Maximum Rental Rates to tenants with incomes at or below the Maximum Income Thresholds for affordable rental for at least 10 years. Affordable ownership units must be sold to purchasers with incomes at or below the Maximum Income Thresholds for affordable ownership. The City may update these rates periodically. See the “Related Documents” section for the most recently published rates.
Per unit incentives vary depending on:
- Unit type (rental or ownership);
- Status of the organization applying (non-profit or private sector); and,
- Location of the development within the city.
Incentives for New Market Housing
A five-year, 100% tax exemption is available for new market rental and ownership housing located in the City Centre, North Central and Heritage neighbourhoods (the yellow and orange areas on the interactive map below).
Incentives for Secondary and Backyard Suites
Tax exemptions are available for new or legalized Secondary Suites and Backyard Suites located in established areas within the City’s intensification boundary (the yellow, orange and light blue areas on the interactive map below).
Units that receive this incentive must be used for long-term rental purposes for the duration of the tax exemption (i.e., not an Airbnb and not for commercial or personal use).
Incentives for Repair of Rental Buildings
Incentives for repair of rental buildings will be considered by City Council on January 29, 2025.
How to Apply
Updates to the Housing Incentives Policy will be considered by City Council on January 29, 2025. This may impact available incentives and the application process. Contact CHS@regina.ca to discuss project eligibility and the application process.
Contact Us
Please reach out to CHS@regina.ca for questions about housing incentives.
Other Incentives
The Heritage Incentive Policy provides capital grants and tax exemptions to encourage the conservation of heritage properties in Regina.
