The City of Austin, Mower County, and School District #492 have partnered to offer a five-year property tax abatement for new construction of single- and multi-family homes. The abatement is available for properties located within Austin boundaries and zoned properly for the proposed development project. The program aims to encourage the construction of new owner-occupied and rental residential housing units and to encourage the replacement of dilapidated housing structures.
Details
Subject
Tax Abatement for New Construction of Single and Multi-Family Homes
Summary
The City of Austin, Mower County, and School District #492 have partnered to offer a five-year property tax abatement for new construction of single- and multi-family homes. The abatement is available for properties located within Austin boundaries and zoned properly for the proposed development project. The program aims to encourage the construction of new owner-occupied and rental residential housing units and to encourage the replacement of dilapidated housing structures.