The City of Camanche is progressive in its approach to economic development.  The City works with new home construction, existing improvements, and commercial / industrial partners to provide growth incentives.

Urban Revitalization:

Homeowners qualify for a 100% property tax abatement on improvements for 3 years.  This benefit is extended to all owners within the corporate limits.  If you are building a new house, your full property taxes on the improvement can be abated for those 3 years.  

Multi-family residential is eligible for 100% abatement for 10 years. 

Commercial properties which build in the City can receive an abatement on any residential addition to their building for the same 3 year period.

Industiral / Commercial construction in our newly defined boundries are eligible for an abatement starting at 80% for the first year and decreasing to 20% in the 10th year.  

Urban Renewal:

Camanche is also an Urban Renewal Area and is well versed in exploring TIF as a finance option for busienss development or subdivision development.