Housing Incentives

Fairmont Multi-Family Housing Tax Abatement Program

The City of Fairmont created a multifamily housing tax abatement program to encourage decent, safe and sanitary housing for residents and job seekers in the City of Fairmont, and to alleviate a housing shortage.  The incentive for the construction of new multifamily housing units is that they are eligible to receive up to 100% of the City’s share of property taxes on the new construction value annually for 10 years.

Category: Housing

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This program provides property tax abatement on new construction of single family or multi-family housing units. Learn More