Seniors Property Tax Deferral Program
The Seniors Property Tax Deferral Program (SPTDP) allows eligible senior homeowners to defer all or part of their property taxes through a low-interest home equity loan with the Alberta government.
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.
The Seniors Property Tax Deferral Program is voluntary, so it's up to you whether you want to apply.
As with any important financial decision, you may wish to consult with your family or a financial advisor to decide whether this program is right for you.
If you have questions or wish to apply, call the Alberta Supports Contact line 1-877-644-9992.