New homes in Newton

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 $3,500!

Additionally, home builders will receive

  • Waived building permit and inspection fees, and
  • Negotiated lot prices and subordination with landowners.

Finally, if you are a general contractor building a new “speculative” home in Newton, you’ll receive

  • Payment for construction loan interest for up to one year from the time the building permit is issued.

This incentive package is valid for the first forty new single family homes built in 2015. The value of the home must be greater than $160,000 (net of land value). New homes must have a radon abatement system installed and “spec” homes must be actively marketed from the time the foundation is constructed.


Explore available spec homes:

Fairmeadows North1  Fairmeadows North4  Eastgate Meadows5

 Or choose the development that suits you for custom construction:

Bradford Estates3 Eastgate Meadows3 Quail Ridge3


 

Contact us for more information.

Craig Armstrong, Development Specialist | office 641-791-0827 ext. 22 | cell 641-521-5455 | craiga@newtongov.org