In an effort to spur new home starts, in 2012 the United City of Yorkville started the Buyers of Undeveloped Infill Lot Discount (B.U.I.L.D) program, which is a residential construction incentive program. This program has been in place ever since. In September 2016, the City Council voted to extend this program until December 31, 2017.
Furthermore, in January of 2016 the program was expanded upon to include new single-family attached residential building permits (townhomes and duplexes) in a new incentive called Buyers of Undeveloped Infill Lot Discount of Townhome Owner Occupied (B.U.I.L.D. T.O.O.). This program has no set expiration date.
In summary the two programs offer the following benefits:
Payment of building permit and impact fees will be delayed until the issuance of the certificate of occupancy on the condition that the certificate is issued within one year from building permit approval
The municipal building impact fee will be reduced from $5,509.00 per residential unit to $1,759.00 per residential unit.
The City will rebate a portion of the building permit fee (up to $5,000.00 for single-family detached and up to $2,500.00 for single-family attached) with a matching contribution from the builder/developer and present the homebuyer with a check of the total amount upon issuance of proof of closing.