The Voluntary Residential Property Purchase Program (VRPP) is operated by Alberta’s Industrial Heartland Land Trust Society. The Society was created in 2006 and since then has had three rounds of the VRPP Program. In each round, landowners are eligible to apply based on several factors such as a primary residence in the Heartland and living close to one or multiple industries. Completed applications are evaluated using a specific set of criteria. This includes proximity to one or multiple industrial sites, size of nearby industrial operations, length of residency, and extenuating circumstances. Also considered is the status of nearby industrial operations which can vary from undergoing regulatory approval to completely operational.
The Land Trust Society Board of Directors is currently reassessing the VRPP. This will help determine the future of the VRPP to ensure a fair and equitable program for both residents and funders of the Land Trust Society.
For information on the program, please contact:
Executive Director, Alberta's Industrial Heartland Association