File Photo/CHAT News

By Eli J. Ridder

CITY HALL

City of Medicine Hat to start preparing housing tax incentive

Mar 17, 2025 | 10:37 PM

Medicine Hat city staff will start preparing a multi-year tax incentive after council approval Monday with the aim to drive the development of housing units amid a national housing shortage.

Coun. Darren Hirsch says he wasn’t entirely sold on the multi-unit housing incentive.

He says if economic development is done right, housing developments would follow more businesses and jobs.

The city currently has a grant program for multi-unit housing.

Coun. Ramona Robins says the tax incentive approach will go further as its not limited by the amount of cash in an account.

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“This would be different because we’re not setting money aside, rather we’re deferring taxes once the property is built, or as it’s being built,” Robins said.

“I think there’s a big benefit there because the grant money eventually runs out, but the tax incentive can cover a lot more building.”

This is a developing story. More details to follow.