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Up to $12,000 cash rebate to build a home in Harmony


Fri, Apr 18th, 2014
Posted in Harmony Business Announcements

HARMONY, Minn. - 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.

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 percent of the exterior features are complete (roof, siding, soffits, windows, doors, etc…). Regarding the new incentive program, EDA President Christopher Skaalen stated, “The EDA has recently been studying and discussing what aspects cause individuals and families to choose living in surrounding towns when they could live in Harmony. It was evident from our discussions that although people liked what Harmony had to offer in terms of community, they were also interested in purchasing newer homes that Harmony did not offer. The EDA is hopeful that the incentive program will eventually lead to a greater variety of home options for people to choose from, thereby making Harmony the town of choice.”

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 and can be found online at www.harmony.mn.us [1]. The Harmony EDA looks forward to welcoming our new neighbors!



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



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