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.
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.
- The current interest rate is 3%
- Read more about the interest rate
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 adviser to decide whether this program is right for you.
To qualify for the Seniors Property Tax Deferral Program, you must:
- Be 65 years or older
- Be an Alberta resident
- Own a residential property in Alberta
- Have a minimum of 25% equity in your home
Only residential properties are eligible. The home must be your primary residence (that is, the place where you live most of the time).
- For full eligibility details, read the SPTDP Information Guide, Application and Agreement
Apply today for the Seniors Property Tax Deferral Program and free up money for other household priorities or expenses.
Fill out an application form
To avoid late penalties, we must receive your application at least 30 days before your municipal property taxes are due.
- For example, if your taxes are due on June 28, we must receive your application by no later than May 31. This allows time for us to process your application and pay your property taxes directly to your municipality on your behalf.
Mail your completed application form to:Seniors Property Tax Deferral Program
PO Box 1200
Edmonton, Alberta T5J 2M4
You can apply at any time of year. If you miss your municipal property tax deadline, however, you will be responsible for any late charges. You can choose to pay those charges directly to the municipality or you can have these charges added to the amount of your loan.
Outstanding property taxes
If you owe money from previous years’ property taxes, you can still apply to the Seniors Property Tax Deferral Program, as long as you have a minimum of 25% equity in your home.
Questions? Need assistance?
- Read questions and answers about Seniors Property Tax Deferral Program
- Read the Seniors Property Tax Deferral Program brochure
- Or call the Alberta Supports Contact line at 1-877-644-9992 (780-644-9992 in Edmonton).