Housing Incentives Program
Lake Mills Tax Abatement

Assume your new home in Lake Mills would have an assessed value of over $80,000. Here's the benefits these programs have to offer you:

Lake Mills Tax Abatement The taxes are abated on the first $80,000 for five years.	$7,000
Winnebago County Towards the purchase of a lot. Funds come from tonnage fees at the local landfill. This is not tax dollars!	$5,000
TOTAL ADVANTAGE TO YOU	$12,000

The $5,000 County incentive also applies to new rural projects in Winnebago County!
For more information call:

Lake Mills Chamber Development Corporation
641-592-5253

Winnebago County Housing Trust

Single Family

Eligibility:
• New Construction only-additions or improvement projects DO NOT qualify.
• Only the home owner(s) may apply for the home they purchase or construct.
• Multi-family projects are NOT eligible.
• Incentive is square footage based:
  • Up to 900 square feet - $3,000
  • 900 to 1200 square feet - $4,000
  • Over 1200 square feet - $5,000
• All forms of housing that are subject to property tax:
  • Traditional "stick built" construction
  • Modular homes
  • Manufactured homes

  Incentive:
  $3,000, $4,000, or $5,000 forgivable loan (payments made by square footage)

  Application Procedure:
• Complete application at beginning of construction.
• Recieve loan proceeds when the county assessor figures the gross living area, typically when the home is completed or the assessment is done.
• Sign the forgivable loan document when you pick up the check.

For further information, or to receive an application, contact the Winn-Worth Betco office, (641)592-0800 or wwb2@wctatel.net
For more information on incentives click here
Applications are also available on this web site, click here.

The Winnebago County Housing Trust does not use any tax dollars nor any state or federal programs. Funding is from a host agreement between Winnebago County and Waste Mangement.

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