Housing Incentives | Town of Westlock

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.

We offer meaningful incentives that help homeowners, builders, and investors bring new housing to life. Whether you’re starting fresh, expanding your property, or developing a new project, our housing incentive programs are designed to make your path forward more accessible, more affordable, and more connected.

The New Home Incentive

Build in a place that values your future.

The Town of Westlock offers a $15,000 grant per unit (up to 4 units per property) for new residential construction. On top of that, you may qualify for a one-time property tax cancellation of up to $5,000 per unit in the year following occupancy.

To make it easier to get started, pre-approved construction plans are available for licensing with a one-time fee—saving time and costs on design and permitting.

The 2025 application window is now closed. The next round opens in early 2026. Contact us now to prepare your application in advance.

Funding is limited, is awarded on a first-come-first-service basis, and will be available annually with the next round of funding opening in early 2026. Contact Planning & Development for assistance in preparing your application and questions regarding the application process.

View or download the Residential Development Incentive Program Brochure.

The Rental Suite Incentive

Create flexible, affordable housing in your own backyard.

Homeowners can access a $10,000 grant for the addition of a legal basement, garage, or garden suite. One suite is eligible per property, and licensed pre-approved plans are available for garage and garden suite designs. You can also utilize the incentive to make an existing non-permitted suite legal and safe to occupy.

The 2025 application window is now closed. The next round opens in early 2026. Contact us now to prepare your application in advance.

Whether you’re adding a rental option for extra income or supporting multi-generational living, this program helps you expand your housing options with confidence.

Funding is limited, is awarded on a first-come-first-service basis, and will be available annually with the next round of funding opening in early 2026. Contact Planning & Development for assistance in preparing your application and questions regarding the application process.

View or download the Rental Suite Incentive Program Brochure.

Southview Subdivision: Lots Now Available

A new chapter in a growing community.

Explore the opportunity to develop in the Southview neighbourhood, where 17 low-density residential lots are available for purchase. The lots 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 can be found on our Residential Lots page.

Contractor purchase and build agreements are available for builders.

Learn more about the Southview Subdivision.

Builder Registry

Looking to build—or be found?

Homebuyers: Browse Westlock’s registered builders to find the right partner for your project.
Builders & Contractors: Join our Builder Registry to connect with future clients and stay informed about development opportunities.

View the Registry Join the Registry

Why Choose Westlock?

A vibrant community. A market-ready opportunity.

Low vacancy rates + aging inventory = high demand for new housing
Strong rental market makes suites a practical, affordable option
Local incentives can stack with provincial and federal programs (e.g., first-time homebuyer tax credits)
Serviced lots, ready to build—with cost-effective construction comparable to larger centres
Non-permitted suites can be brought up to code and become eligible for grants

Whether you’re investing in your family’s future or contributing to the next phase of Westlock’s growth, we’re here to help you succeed.