Residential Incentives

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Rebuilding and renewing our City.

Residential Incentives

Dream It, Build It, Live It

One of the many reasons to make Farmers Branch your next home is our generous Demo/Rebuild Residential Incentive Program. A program that grants residents and builders upfront cash and a 5 year tax rebate to demolish an old home and build the home of your dreams.

Tier 1

Residential Structures with a taxable value of $100,000 or less may qualify for a $15,000 cash grant and 5 years of economic development grants equal to 100% of the difference between the City property taxes assessed and paid on the new improvement value and the assessed value prior to the demolition excluding land values.

Tier 2

Residential Structures with a taxable value of more than $100,000 may qualify for a $12,500 cash grant and 5 years of economic development grants equal to 100% of the difference between the City property taxes assessed and paid on the new improvement value and the assessed value prior to the demolition excluding land values.

For more information about the Farmers Branch Demo/Rebuild program or to apply, please contact the Economic Development office at 972.919.2509.