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Alberta Business Grants Ltd.

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Disaster Recovery Programs (DRP):

February 26, 2024

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Varies.

Description

The Disaster Recovery Program (DRP) provides financial assistance to help restore uninsurable property that is lost or damaged by a disaster to its basic, pre-disaster functional condition.

The DRP provides financial assistance as a last resort to assist those affected by a disaster. You must access your own insurance options and any other available sources of assistance first.

Eligible Applicants

  • Homeowner, tenant, small business, landlord, not-for-profit institution or agricultural operation.

Note: Do not submit an application until a program is listed for your community and disaster. When insurance is readily and reasonably available at the time of a disaster event, costs associated with insurable loss and damage are not eligible for DRP assistance. When someone has chosen to not insure their property adequately, they will not be eligible to receive DRP assistance.

Eligible Expenses

From 2021 onwards, all Disaster Recovery Program (DRP) applications for assistance are subject to the following:

  • $500,000 maximum assistance per homeowner application
  • a one-time limit on accessing DRP assistance per homeowner property address:
    • The limit is applied to the property address only and does not follow the applicant if they move.
  • a cost-sharing ratio between the Government of Alberta and applicants, which is 90% for the Government of Alberta and 10% for applicants
    • The 10% will be deducted from the applicants’ total eligible DRP assistance.
    • No out-of-pocket payments will be required from applicants.

Deadline Date

February 26, 2024

Contact

Contact Name: Alberta Emergency Management Agency

Phone Number: 1-888-671-1111

E-mail Address: drp.info@gov.ab.ca

Website: https://www.alberta.ca/disaster-recovery-programs.aspx

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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