Minnesota town offers rebates up to $12K for new homes

HARMONY, Minn. (AP) — The southeastern Minnesota city of Harmony wants new residents so much that it’s offering to pay up to $12,000 to families willing to build new homes there.

The Star Tribune of Minneapolis reports that the community of 1,020 has begun offering rebates to counter the loss of young professionals to other communities. Officials learned that younger people don’t want to live in old homes that need work.

Harmony is offering $5,000 to people who build a house worth $125,000, and up to $12,000 for a $250,000 home. The city has at least 15 lots that are shovel-ready. Lots with dilapidated, vacant homes can also qualify.

Another southeastern Minnesota city, Stewartville, began offering $5,000 for new homes last year. More than a dozen people have taken advantage of the program.

 

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