Draft plan for home building incentives presented to Prince Albert city council
The City of Prince Albert is still working on getting more residential construction happening on empty lots with a proposed building rebate once homes are built on some vacant lands.
The planning department is suggesting a $10,000 incentive to spur development on empty, privately-owned land and wants to use tax money from vacant land to do so.
“The intent is for the money within that reserve to help to fund or help to incentivize development,” said Craig Guidinger, director of planning to city council during Tuesday’s meeting.
“The fundamental idea or criteria that is developed in my report is to incentivize development on privately owned property.”