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Moorhead staff briefs EDA on Make Moorhead Home property-tax rebate and outcomes
Summary
City staff reviewed the Make Moorhead Home rebate that refunds the first two years of property taxes for newly built homes, including program history, participation, and recent outcomes: about $61 million in added value and roughly $888,000 in rebates for homes reported.
Lisa Bodie briefed the Moorhead Economic Development Authority on the Make Moorhead Home property-tax rebate program, saying the program—established in 2009—rebates the first two years of property taxes for newly constructed homes and is intended to incentivize new housing starts and expand the city’s property-tax base.
Bodie explained the program structure: homeowners pay taxes up front and receive a rebate in November after the…
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