Allan Population Growth Program

Now being Phased out due to economic changes

• When an individual constructs or places a new single family dwelling in Allan, they will receive a tax credit of $1,000.00; in addition for building permits made by June 30, 2008; with Completion by December 31, 2008;

• Families who purchase or construct a single family dwelling by June 30, 2008 with application made by December 31, 2008; provided application will receive a property tax credit of $500.00 per child under 18 years of age, to a maximum credit of $2,000.00 per family, on a one-time basis, for or

•  Families in Allan who have or adopt a child during the period of January 1, 2000 to June 30, 2008 will receive a property tax credit of $500.00 per child to a maximum of $2,000.00 per family, on a one-time basis; with application made by December 31, 2008

• Individuals 60 years of age and over will receive a property tax of $500.00 per person, to a maximum of $1,000.00 on a one-time basis when purchasing or constructing a single family dwelling in Allan provided purchase is made by June 30, 2008, with application by December 31, 2008.

   The following conditions shall apply:

  The credits will be issued from the town as a payment of property taxes and individuals will receive the credit in the form of a tax credit, if annual taxes are less than the credit, it shall be applied the next tax year.

  This program only applies to the purchase or construction of single family dwellings located in the corporate limits of the Town of Allan. The maximum tax credit to a family is $3,000.00 over the length of the program. The maximum credit allowed to individuals 60 years of age and older is $2,000.00 over the length of the program. Verification of age must be by birth certificate or in the case of adopted children, birth certificates and adoption papers. Children must reside in the Town of Allan. Credits for multiple family dwellings will be reviewed by Council on an individual basis. Council will approve each credit by resolution before tax credits will be issued.  The tax credit is not transferable, if a property is sold. Normal taxes shall commence on the possession date for the new owners.