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Tax Increment Financing & Tax Abatement

  • Departments:Planning%20%26%20Development
  • Categories:Financial Assistance
  • Email:
  • Phone:(507) 867-3810

Both of these tools utilize new property taxes created from a development to help financially difficult but beneficial projects become feasible.  Recent projects utilizing these tools were able to finance infrastructure, acquisition, and site development costs for commercial, industrial and residential projects.

Request for Assistance Application


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