The City of Park City has set aside funds for a New Homebuyer’s Incentive Program aimed at encouraging growth within the city limits of Park City. $2,500 each will be given to qualifying homebuyers. The program will end December 31, 2023. Incentives will be paid upon closing of the new homes. The builder/developer will be required provide an additional $3,000 incentive. Those applicants who have building permits prior to December 31, 2023 will be eligible for incentives. Construction must be complete within one year of date of the building permit.