FIND YOUR PERFECT LOT, BUILD YOUR DREAM HOME!
The City of Ames implemented a first-of-its-kind tax abatement called the Urban Revitalization Area (URA). Here’s what you need to know!
- Applicable to all new construction homes or townhomes that are owner occupied
- The program will be eligible for any new construction homes between now and the end of 2028
- 5-year, graduated scale abatement. 100% for the first year, then 80%, 60%, 40% and 20%. After the fifth year, it returns to full-tax payment
- The first $500,000 of improvement value on a project will receive the abatement
- The program can be adjusted over time to expand its effectiveness
Friedrich has program eligible home sites available for your dream home at Quarry Estates, Hayden’s Ridge and our latest development, The Bluffs! Reach out to your Friedrich Agent at 515-232-6175 to take advantage of the opportunity!
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