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Davenport NOW, a city established, tax incentive program that launched in July of 2009, provides a 50% rebate of the City's share of property taxes for 10 years to people who build a home or renovate an existing property in Davenport, Iowa. With the Davenport NOW program there has never been a better time to make Davenport your home. Davenport NOW was passed by Alderman to improve economic development, as well as provide more opportunities to small business owners in the construction and remodeling fields. As of August 2010, Davenport NOW has assisted with 160 projects, with a city investment through real estate tax rebates of more than $750,000. Properties in the program have also increased in assessed value by $27,880,539. In August of 2010, the Davenport City Council approved the expansion of the Davenport NOW...
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