(WICHITA, Kan.) — “I'm all for it. Let's do it so we can keep busy,” said a construction manager from K & L Foundations.
Homebuilders hope it’s the answer. An incentive program to get new home construction, that basically fell flat during the recession, going again.
“We're grateful for their willingness to kickstart this new housing industry and basically build a bridge to when things are better and sustainable,” said Home Builders Association President Wess Galyon.
On Tuesday the Wichita City Council approved the tax rebate program intended to provide incentive for people to buy now.
“People who build a new home or buying a standing spec home that's never been occupied will qualify for a five year general tax rebate,” said Galyon.