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Preston housing incentives


Mon, Apr 2nd, 2012
Posted in Preston All

The City of Preston is offering a 2012 Housing Incentive, for the building of a new home, remodeling or buying an existing property in the City of Preston. Homeowners can save up to $3,300. Contact City Hall for an application and guidelines to see which incentive is right for you. You can reach City Hall by phone at, 507-765-2153, or download forms at www.prestonmn.org .

The City of Preston finds value in promoting incentives for construction, remodeling and the purchase of existing homes. By attracting construction, new home buyers to the city and rewarding the existing home owner’s remodeling projects, the city either gains new utility customers, sees an increase in energy savings, and encourages the tradition of pride of ownership, local shopping, local employment, and the Tree City program. We have found that the incentive program introduces new residents to local resources, and increases the tax base, a benefit for everyone in the community of Preston.

The program is again designed as a partnership between three city entities and a private organization. The collaborating partners are the Preston EDA, the Preston Public Utilities, the City Park Department and the Preston Golf and Country Club. The programs is on a first come, first serve basis and will distribute and accept applications beginning Monday April 2, 2012. The program runs throughout the year until all incentives have been spoken for (three in each category). For more details you can call or email the EDA Director at City Hall.

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