Offer Permit Rebates To Encourage New Affordable Construction
I like the idea of permit rebates on new construction and remodeling projects in Minneapolis to help off set housing costs. Having just built a house I can say that new construction is very expensive and it would be very encouraging to get a 100% rebate on new construction permits. I am not sure what that would do to the city budget, but if I was in charge I would give any Minneapolis resident that builds a new home a 100% permit rebate after they get their certificate of occupancy. On my duplex I think the permit was around $8,000. I would also give the rebate on any remodel project. I would be interested to know how much money they generate off the permits.