The Seniors Property Tax Deferral Program allows eligible senior homeowners to defer all or part of their property taxes through a low-interest home equity loan with the Alberta Government.
How It Works
If you qualify, the Alberta Government will pay your residential property taxes directly to your municipality on your behalf. You re-pay the loan, with interest, when you sell the home (or sooner, if you wish).
To qualify for the Seniors Property Tax Deferral Program, you must:
- Be 65 years or older
- Be an Alberta residents
- Own a residential property in Alberta
- Have a minimum of 25% equity in your home
Find out more about the Seniors Property Tax Deferral Program.