The City of Silver Bay Economic Development Authority 2022 New Home Grant Program’s purpose is to aggressively promote the construction of new housing units in the City of Silver Bay.
Donor Name: City of Silver Bay
State: Minnesota
City: Silver Bay
Type of Grant: Grant
Deadline (mm/dd/yyyy): Ongoing
Details:
Individuals, builders, developers or companies who agree to construct a new home, townhome, condo or apartment unit in the City of Silver Bay in 2022 will receive a cash grant upon completion of the home/unit in the amount of:
- 10% of the home or unit’s assessed value; or
- 15% of the home or unit’s assessed value if the owner agrees to occupy the home as a homestead residence continuously for 10 years.
For more information, visit City of Silver Bay.