This is the estimated amount of your assessment.
Annual Interest Rate
The current interest rate is 6%.
Assessment Repayment Term (years):
The repayment term is based on the useful life of your improvement. Please refer to our Non-Residential Eligible Improvements.
Enter the assessment date as XX/01/XXXX. The assessment date is determined by the completion of the project plus 1 month. Funds are disbursed on the first and third Thursdays of the month, provided all required documentation has been submitted to MPOWER at least 5 days prior.
The cutoff for assessments to appear on the next annual property tax bill is August 1. Assessment dates after August 1 will appear on the following year’s tax bill.
Press the calculate button after completing all fields and each time you change any of the information.