User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Affordable Housing Need Grows In Sioux Falls

June 9, 2014, 6:10 PM by Kathleen Serie

Affordable Housing Need Grows In Sioux Falls
SIOUX FALLS, SD -

The need for affordable housing options in Sioux Falls is growing. There are more than 3,800 households on the waiting list right now. Two organizations are teaming up to fill the need.

Using Lloyd Company's construction expertise, paired with the Sioux Falls Ministry Center's mission to help people, the two organizations plan to provide more reasonably-priced housing in the city.

"People's greatest physical need in Sioux Falls is safe and affordable housing. In order for them to move forward in life, they need to have a consistent place where they can go and live each night and an affordable place," Sioux Falls Ministry Center’s Board of Directors Rich Merkouris said.

There is an income limit for those hoping to live in the North Minnesota Avenue apartments.

"We're seeking to reach out to people that are at 30 percent of the average median income, 40 percent of the average median income, up to 60 percent of the average median income. So depending on what your income is, determines what you'll be paying each month for rent," Merkouris said.

With a projected completion date of September 1, the 31-unit apartment complex will be open as affordable housing in the fall.

"I think it's a step in just the further development in Sioux Falls, in terms of revitalizing some of the older areas of Sioux Falls, and in terms of developing our community and our neighborhoods. I think it's going to offer a great opportunity for people," Lloyd Companies Property Manager Glenna Krebs said.

A resident assistant will also live in the building to help connect people living in the complex with other resources in the city.

Lloyd Companies is accepting applications and deposits for the new complex this week.

Learn more about apartment pricing and amenity details online.

Previous Story

Next Story


Comments







Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events