Housing Incentives

Fairmont Housing Demolition Program

The purpose of the City of Fairmont’s Demolition Grant program is to provide financial assistance to Owners/Developers/Contractors to demolish substandard and/or irreparable residential and commercial structures. The demolition of substandard structures must be completed within one year following approval. The City reserves the right to grant extensions of time under extenuating circumstances.

Property Demolition Application and Guidelines

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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 i... Learn More

Martin County Single and Multi-Family Housing Program

Martin County created this housing tax abatement program to encourage decent, safe and sanitary housing options for residents and job seekers in the County, and to alleviate a housing shortage. The incentive for the construction of new owner occupied and rental housing units is tha... Learn More

Tax Abatement for New Housing

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

Quality of life in Fairmont

Located near the Iowa Border, Fairmont is known for its parks and five lakes, where residents and visitors can fish, swim, boat, jet ski and windsurf. There are a variety of nearby public and private golf courses; an aquatic park featuring two 3-story waterslides; and a community education and recreation program to help all ages better appreciate and take advantage of the outdoors.