In order to spur new construction and community growth, the Harmony Economic Development Authority (EDA) was authorized by the city council to provide a cash rebate incenting new homes in Harmony. The EDA will provide those building a new home a cash rebate ranging from $5,000 to $12,000.
Spec/model homes qualify and there are no restrictions or limits on applicant's age, income level, or residency.
Rebate amounts will be based on the final estimated market value of the new home and in most instances will be paid to the property owner once 100% of the exterior features are complete (roof, siding, soffits, windows, doors, etc…).
The rebate schedule is as follows:
Estimated Market Value Rebate Amount
$125,000-150,000 $5,000
$150,001-175,000 $6,750
$175,001-200,000 $8,250
$200,001-250,000 $10,000
$250,001- + $12,000
This program will run until program funds are expended or until ended by the City. Applications will be taken on a first-come, first-serve basis. The Harmony EDA looks forward to welcoming our new neighbors!
Please see the official program guidelines for eligibility requirements and other program details.
Rebates must be claimed within 12 months of approval.
For questions on the program or application, please contact the EDA at 507-886-2846.
