City of Tipton

City of Tipton

Think Tipton!

The City of Tipton now offers a variety of programs…

Seeking Owner-Occupied Housing Rehabilitation Applicants: For details click here.

 We have two types of low-interest loan funds.   
  • Our Tipton Home Loan Fund offers 0.5% loans ($10,000 maximum) for permanent improvements to owner-occupied, single-family homes.
  • Our Tipton Revolving Loan Fund offers loans at 0.5% loans ($10,000 maximum) for qualified commercial and industrial properties throughout our city limits.

The City offers three programs where eligible applicants  can receive up to $5,000 in grant funds.

The City’s Tax Abatement / Tax-Exemption Program offers three primary types of property tax-exemptions.  (Tax Abatement/Tax-Exemption Program)

  • Single-family residences can qualify for tax-exemptions of 100% for new taxable improvements for seven-years.
  • For multi-family housing (three or more units,) the City offers a 100% tax-exemption on new taxable improvements for ten years.
  • Qualified commercial and industrial properties can receive a graduated, ten-year tax-exemption on new taxable improvements.
City of Tipton Urban Revitalization Plan
Please contact us about the application process, plus further details.

Tipton Economic Development
417 Cedar Street
Tipton, IA 52772
Phone: 563-886-4597
Linda Beck, Development Director