Des Moines council debates phasing out tax abatement to free property-tax revenue for other housing incentives Development services staff proposed shortening tax-abatement schedules and phasing changes over two years to free property-tax revenue; staff cited state law changes and Polk County data showing $46.5 million already committed and a $146 million potential city revenue exposure. Councilors asked for roundtables with developers and lenders before taking action.

Des Moines is considering major changes to its tax abatement plan that could unlock millions for new housing incentives, but councilors are calling for more developer input before making a decision.

Get the details!

#DesMoinesPolkCounty #IA #CitizenPortal #AffordableHousingIncentives