Mayville Approves Incentives To Attract Home Building

10/10/17 – The Mayville Common Council approved a resolution last night aimed at getting people to build single family homes within the city. The incentive-based program will pay out one percent of the assessed value of the project. For example, the builder will get a $2,000 check if the total price-tag of the development is $200-thousand dollars. Mayor Rob Boelk says the one percent is a flat rate and will not change no matter how low or high the project cost is. The idea behind the program stemmed from a stagnant housing market in Mayville which saw only four single family homes built in the last six years. The incentives are targeting 70 lots that are currently vacant and will not go towards any new neighborhood developments.