Tax Abatement

RESIDENTIAL: All qualified real estate assessed as residential property is eligible to receive a one hundred percent (100%) exemption from taxation on the first seventy-five thousand dollars ($75,000) of actual value added by the improvements. The exemption is for a period of five (5) years.

Application

New Construction Housing Grant

$20,000 grants are available for new, owner-occupied single family dwellings within the City of Emmetsburg thanks to funding from Palo Alto County Gaming Development Corporation.

  • Grant funds are for construction or acquisition of a new single family home within corporate limits that has not previously been occupied.
  • Property must be the applicant’s primary personal residence
  • Appraised value or actual cost of the home and land must be between $200,000-400,000.
  • Grant funds are disbursed by the city to the lender at the final closing or to the applicant directly upon occupancy if no lender is involved.
Program Overview

GUIDELINES AND APPLICATIONS ARE AVAILABLE AT CITY HALL