Housing Initiative

Fairmeadows North

The Newton housing initiative provides incentives to home builders, real estate developers, property owners, and home buyers to expand the quantity and, perhaps more importantly, the quality of our available housing inventory.

When you buy a new home in Newton, you will receive $10,000 cash plus a “Get to Know Newton Welcome Package” valued at over $3,000!

This incentive is valid for new single-family home construction (spec or custom) with a value of the home being greater than $160,000 (net of lot value).

Additionally, home builders will receive:

  • Half-price building permit & inspection fees!
  • We will cover your construction loan interest - up to $10,000 -  for up to one year from the time the building permit is issued!

Valid for new single-family spec homes.
Value of the home must be greater than $160,000 (net of land value).
New homes must have a radon abatement system installed and be actively marketed from the time the foundation is constructed.