New Resident Incentive Programs

Couple excited about moving inDid you know you can buy or build your dream home in Ponoka for much less than it costs in the city?

We are a scenic rural community where the cost of housing is much lower than the city and you can enjoy all the advantages of our relaxed, small-town lifestyle without the crowds.

We also have high-speed, fibre optic Internet, making it easy to work from home and telecommute anywhere!

The Town of Ponoka created our New Resident Attraction and Incentive Program to give you that extra nudge as you look for the perfect rural community to call home. 

Program Details

The New Resident Incentive Program offers the following tax breaks and financial incentives to new and existing residents in Ponoka:

Residential New Build Incentive

House constructionFor new and existing residents who build or buy a newly-built home in the Town of Ponoka in 2022. To qualify, the owner must occupy the new home as their primary residence, and can enjoy the following tax savings over three years:

  • 75 per cent reduction on the municipal portion of your property taxes in Year 1 following purchase or construction of a new home;
  • 50 per cent reduction in Year 2; and
  • 25 per cent reduction in Year 3.

That would add up to a total tax savings of more than $4,400 on a house with an assessed value of $380,000! (The example above is based on 2021 property tax rates). 

To apply for the Residential New Build Property Tax Incentive, please click here to fill out an application form and email it to RealLiving@Ponoka.ca. If you have any questions, please phone (403) 783-0127 or email RealLiving@ponoka.ca.

New Resident Incentive

New residents who buy and move into a home in the Town of Ponoka in 2022 can receive a family recreation pass, worth up to $400 which offers a one-year admission to the Ponoka Aquaplex. The Aquaplex features a 25-metre indoor swimming pool, wading pool, deep tank with a 10-foot corkscrew slide, hot tub and sauna. The pass also includes access to racquetball, drop-in badminton, basketball, dodgeball and floor hockey at the Ponoka Arena Complex.

To qualify, you must have moved here from a municipality outside of Ponoka.

To apply for the New Resident Grant, please click here to fill out an application form and email it to RealLiving@Ponoka.ca. If you have any questions, please phone (403) 783-0127 or email RealLiving@ponoka.ca.


To learn more about our New Business Incentive Programs, please click here.