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The Newton Housing Initiative, approved by City Council in 2014, provided incentives to home builders, real estate developers, property owners, and homebuyers to expand the quantity and, perhaps more importantly, the quality of our available housing inventory.
For single-family homes beginning construction in the City of Newton in 2020 and 2021 the following incentives will be offered:
Please note: The home values that qualify for incentives DO NOT include land value.
Subject to the following rules: